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Paper checks are an effective and inexpensive method to moving money from bank to bank or money withdraw, but you probably some people don't know how to write a check...
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How to write a check Writing a check is usually seen as the easiest thing to do right? Well, yes writing a check is easy but still, some people do not know how to write a check and they face many types of issues and there are a lot of cases filed regarding misusing checks which means that there are some simple things we fail to notice while writing out a check. In this post, we will discuss how to write a check accurately and how we can avoid mistakes while writing a check. Let us first discuss the various parts of a check –
A check is the pillars of the banking industry today and plays a very important role in the country. Every check contains a check number, IFSC code, and MICR. All the banks have almost the same format for the checks. • Check Number - It is a unique number that helps to recognize a check. It is often required to check the status of the check. It is the six-digit number that is written at the bottom left-hand corner of the check. • IFSC code - It is the Indian Financial System Code which consists of 11 digit characters and is a basic part of the banking system and is printed on the check leaf. This code is used to identify particular bank branches for transferring funds from one bank to another without facing any problems or any errors. • MICR code – Full form of MICR is the Magnetic Link Character Recognition Code. It is a 9-digit code, where the first three digits mean the city, the next three means the bank, and the last few digits mean the particular branch code. It is used to identify the checks easily Now let’s concentrate on how to write a check –
Step 1 – The first step is to cross the check that is to draw two parallel lines at the left-hand corner of the check. This is done to make sure that no one other than the person to whom the check is drawn can get the money. Step 2 – Write down the date and write the name of the receiver in the Pay column and then write the amount in words and always add only at the end. Also, put a /-in the rupees in the number column. Also, remember not to leave any space in between the words or numbers, and in case there is any kind of space left then always strike out space after writing the words. Step 3 – Sign the check at the bottom where space is provided and ensure not to sign on the MICR band. Points to Remember – • Never overwrite, scribble or cancel any word and then rewrite on a check. In case some mistakes have been done then destroy the existing check and then rewrite a new check carefully. • Always keep the records of your checks. • Do not fold, tear, or staple the check. • Every time do the same signature on every check you use. Hope this article helped you all to know about how to write a check.
