Check Writing Tips

Remember the #1 rule...Only write checks when you have enough money in your account. Other important check writing tips include: Write your checks legibly. Write the check amount as far to the left as you can. This prevents others from adding in numbers, making the amount of the check larger than you intended. Always use a pen to write checks. People can erase the numbers when you write in pencil. Don't erase mistakes on a check. Either write "Void" across the check, write "Void" next to its number in the check register and tear up the check. OR fix the check and write your initials next to the mistake. Don't sign blank checks. They can be easily stolen or used by someone else. Use restrictive endorsements. When you want your check to be very safe, like when you send it to your financial institution in the mail, use this kind of endorsement. Write "for deposit only" and sign underneath. Now the check can only be deposited into your account and not cashed. Don't use other people's checks or let them use yours. Print the right date on your checks. If you must, be cautious when post-dating a check. If you're paying someone with a post-dated check, notify them so they aren't surprised when their bank doesn't credit the check to their account immediately. Ideally, ask the party to wait to cash the check until the date written on the check. This helps avoid possible bank fees if the check is accidentally cashed too soon. Always keep your checks in a safe place. Your checks are another form of money. They can be stolen and used by other people just like cash. If your checks are ever lost or stolen, contact your financial institution immediately. See What if I am a victim of check fraud? for more information. Destroy voided or unused checks and deposit slips. There is a line of computer numbers at the bottom of every check called a MICR code. Counterfeiters can use this information to fraudulently use your account. To prevent fraud, thoroughly tear up or shred all checks and deposit slips. See What can I do to prevent check fraud? for additional tips. ‘ Record every transaction. Keep track of when you use your debit card, any money you take out of the ATM, and any other withdrawals - they add up quickly. It takes only a few minutes and can prevent overdrafts and additional fees. In addition, use all the columns in your register so that you can easily identify transactions. For additional assistance, our online training tool can show you how to fill in your register correctly. Keep a running balance in your checkbook. If you don't calculate your balance right away, you run the risk of spending more money than you have or dropping below your minimum balance resulting in additional fees. Record keeping isn't your strong suit? Don't worry. You can now get checkbooks that make a carbon copy each time you write a check. Though NOT an alternative to balancing your account, carbon checks allow you to keep a record of your purchases until you get an opportunity to write them in your register.