Tuesday, February 5, 2008

If you wish to exchange the check where you are unknown for money, and it is not convenient for the



If you wish to exchange the check where you are unknown for money, and it is not convenient for the friend, which has a bank account to go with you for the purpose of identification, ask, that it has placed the signature in the end of your check, and you hardly will have a trouble in reception, it exchanged for money in bank where your friend holds the account. Placing its signature in a back of the check he guarantees to bank against loss. The bank [10] is responsible for
Signatures of its investors, but it as it can be assumed, does not know the signature indorsers. The reliable identifier - actually the person who is responsible.
APPROVAL OF CHECKS
In approval of checks mark following points:
Write through a back - it is not longitudinal.
If you is the first, write it approximately two inches from back top; if it not the first , write immediately under the last .
Do not confirm incorrectly come to an end; back top - the left end of the person.
Write the name as you are accustomed to write it irrespective of as it is written on the person. If you bring the check, write or the press 'For the Deposit', or 'Pay ______ to Bank ______,' as there can be a custom, under your signature. It is hardly necessary, if you take the check independently to bank. The check with simple or pure on a back - the check payable to bearer and if the selector is lost could succeed in collecting it; but if words 'For the Deposit' appear under the name, bank employees understand, that the check is intended to be deposited, and they will not exchange it for money.
If you wish to make the check subject to payment to some specific person, confirming, write, that 'the Payment ______ (name) ______ or the order,' and under it has written your own name as you are accustomed to sign it.
Do not bear round certified cheques freely. Such checks - the check payable to bearer also can be collected any.
[11]
If you receive the check which has been transferred you pure (the name indorser only), and you wish to consider it in the afternoon or two, to copy which words 'Pay to the order (with your own name).' It is admissible legally. The check cannot then to be collected, while you do not confirm it.
The check which is subject to payment to order and pure .
[12]
Authorised printed it is so good as written. Whether are accepted such , or does not depend on clearing house instructions in a specific city in which to them offer for the deposit. Written consider as more safe for transfer of collections in the country.
If you confirm for the company, either the society, or corporation, has written at first a company name (it can be printed on), and then your own name accompanied by a word 'Treas'.
If you have a power of attorney to confirm for some specific person, to write his name accompanied your own, by accompanied word 'or' the lawyer, 'as it is usually written.
Is sometimes admissible to confirm a name of the addressee of payment thus, '______ (your own name).' It can be made by a younger member of anxiety when the person, authorised to confirm checks, no, and checks are deposited and not on money.
Do not write the unnecessary information in the end of your check. The history is told women who has received the check from her husband and when reception of its money has written to 'your loving wife' above its name on a back.
V. BANKER"S CHECKS (Proceeded)




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