Top 5 benefits of writing checks |
Posted: August 4, 2018 |
At present, we are living in an advanced age of technology and the applications of paper checks are almost losing their appeals. Despite the situation, some of the people are still writing paper checks. So, why do they are sticking to the old-fashioned method of a transaction? Well, the answer is simple. They get some specific benefits while writing a check. The key advantages of writing checks are narrowed down here for a better comprehension.
Security This is the prime concern of the check users. They feel secure using a check to their transactions. Checks are safer to carry and deliver. Besides, checks are less attractive than hard cash to people who want to rob it. And most importantly, without a designated individual, you cannot have the amount of money written on the checks. So, if you want a secured transaction, checks are really great modes.
Traceable Even if you lose a check, you can trace the piece. In fact, each of the banks has their own check registers to keep records of issuing or receiving checks. And if you are the legal owner, you can claim back that the check is yours. So, there are no chances of sudden disappearance. The bank is also cautious about the check transactions so that there are no irregularities.
Easy printing Currently, printing a check is easier. If you have check printing software, you can do it smoothly. The software will require no download and the service providers have made it cloud-based. Using the software, you can print multiple checks or even a batch of checks within a few moments. Now you do not need to move in banks and place requisitions for checks. The software also allows the users even to print blank checks too for the users’ convenience.
Timing When you issue a check or receive a check, you get enough time to have the money deposited into your account. You can cash the check when the bank will notify you about the deposit. And if you issue the check to someone, you will have enough time in hand to arrange the amount and deposit into your account so that the check receiver gets it in written time.
Online tracking Despite being a piece of paper, you can track your check activities. Actually, a wide number of fraudulent activities are around and the online tracking ensures you are safe from them. You would be able to know if someone places a false check under your name and right that moment the bank will notify you about the transaction. You can freeze the transaction at that time and take preventive measures instantly. https://www.youtube.com/watch?v=EcADZ5kGcbc
|
||||||||||||||||||||||||||||||||||||||||||
|