Find out why this is a secure and restricted endorsement and how to deposit the check online or at the bank. This practice reduces the risk of unauthorized use Endorsing for specific deposit methods endorsement requirements can vary depending on the method used for depositing a check For mobile deposits, many financial institutions require specific phrasing such as “for mobile deposit only” in addition to your signature and account number. If you write “for deposit only” on the back of a check made out to you and then sign your name, the check can only be deposited in your account. You typically need to sign your name on the back of a check in order to deposit it or cash it
Learn how to do it the right way in this guide from pnc. The for deposit only endorsement is added to the back of a check in order to restrict the payment of the check to the endorser. Quick insights endorsing a check is typically a straightforward but vital process whether you’re cashing or depositing the check To endorse a check correctly, you’ll need to sign a specific area on the back of the check and may need to write in additional words or phrases Proper check endorsement can help ensure checks are cashed or deposited without issues Huntington bank is here to help you learn how to endorse a check and what it exactly means when you endorse a check for deposit.
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