You're paying a bill for the first time or twice in a while. Many people are confused about how to write checks using cents and how to mark them. Even though you may not be able write many checks, this skill is still important. Here's a short guide to assist you in answering all of your questions.
Step 1: Date your check
The date should be written on the line in the top right-hand corner. This step is vital so the bank and/or person you're sending the check to know what date you wrote it.
Step 2: Who's this check for?
Then, you then, write "Pay to the Order of" on the check. This is where you will put the name of the person that you wish to pay. You may also write "cash" if you don't know the individual or the organization's full name. Be aware, though, that this could be risky should the check become stolen or lost. Checks that are issued to "cash" could be cashed or transferred by anyone.
Step 3: Type in the amount of your payment in numbers
You can record the amount you are paying in two different places on the check. The first one is to write the amount in dollars (example $130.45) in the right-hand side of the box. Be sure to write it clearly to allow the ATM or bank to subtract this amount from your bank account.
Step 4: Write the payment amount in words
On the "Pay to the Order of" line, enter the amount in words. This will be in line with the numerical dollar amount entered in the box. For instance, if you are paying $130.45 and you are writing "one hundred thirty and 45/100." If you are writing an amount of cents on a check, be sure to put the cents amount over 100. If the dollar amount is round, then include "and the number 00/100" to give more clarity. how to write a personal check is crucial that the bank write the dollar amount in words to allow them to complete the check.
Step 5: Write a memo
It is not necessary to complete the "Memo" line, however it can help you know the purpose behind the check. You can put "Electric Bill" as well as "Monthly Rent" on a check that you're using to pay monthly electric or rent. When you pay a debt usually, the company will want to know your account number.
Step 6 Step 6: Sign the check
Use the signature that you signed to open your checking account and sign your name in the lower right-hand corner. This will prove to the bank that you have signed an agreement to pay the amount you have specified and to the correct person.
How to balance a banking account.
Keep track of every transaction, regardless of whether it's money you spend or money you earn. You can track your Huntington checks on your check register. Your check register is meant to be used for keeping records of your deposits as well as expenditures. Each transaction must be documented, including checks, ATM withdrawals, debit cards, and deposits.
Record your transactions.
You must record the number on your check in the event that you are paying by check. It's located on the right-hand side of the check. This helps to track your checks, assisting you to ensure that no checks are missing, as well as reminding you that you have to reorder checks.
Be sure to make note of the date and time for your record. In the "Transactions" or "Descriptions" columns it is possible to write down where and when the transaction was made. Then write down the amount you paid in the deposit column or the withdrawal column depending on if you spent cash or got it.
Incorporate any bank fees or checks, withdrawals, payments or deposits to the balance of your account from the transaction before.
|