Check format explained: Parts of a check, what the numbers mean and how to write one
Digital banking is more prevalent than ever, but a surprising number of people still use checks for transactions. Here are the parts of this piece of paper.
In this day and age of digital banking, it could be hard to believe- especially for the generation which has had access to the internet all their lives- that many people still use good old-fashioned paper checks. According to GOBankingRates, more than half of Americans wrote one last year.
If you are one of those who still make use of this piece of paper for financial transactions, it’s best to be careful when writing one out so as to avoid mistakes and minimize the chance of being a victim of fraud.
A check typically consists of several parts, each with a specific purpose.
The common parts of a check
An embattled Lynnwood City Council member testified he failed to pay his outstanding fines for penalties from the Washington Public Disclosure Commission because he didn't have a checkbook and didn't understand how to properly fill out a check.https://t.co/T1kLpAapLD