Making a payment for the first time or at first a long 12:55:58 There are many things that you may be confused about, such as the best place to sign a check and how to create an account with cents. Even though you may not be able write many checks, this skill is essential. Let us answer your questions in a brief how-to. Step 1. Your check must be dated.In the upper right-hand corner, note the date. This is important so that the person or the bank you're giving the cheque to can identify the date that you wrote it.Step 2: Who's this check for?After that, write "Pay to the Order of" on your payee's check. That's where you'll put the name of the individual you wish to pay. If you're not familiar with the name of the person or business, you could write "cash" instead. It's possible to lose or steal a cheque by using the word "cash" on a check. Anyone is able to cash or deposit checks payable to "cash"Step 3: Enter the amount to be paid in numbersYou can write the amount you are paying in two locations on a check. In the box on the right, write the dollar amount in numerical form (e.g. $130.45). Be sure to write it clearly so the ATM or bank is able to precisely take this amount out of your account. http://cqms.skku.edu/b/lecture/87833: Write in the amount of the payment in wordsWrite the amount in words on the line below "Pay To the Order Of" to correspond with the numerical dollar amount that you have put on the box. If you are paying $130.45 For instance then you write "one hundred three and 45/100." For checks that are cents, make sure you put the cents amount above 100. If the amount of money is round, it is still important to include "and 100/00" for greater clarity. It is important that the bank writes down the dollar amount in terms in order to make the check.Step 5: Write an outline of your memoIt is not necessary to complete the "Memo" line, however it will help you determine the reason you wrote the check. You can write "Electric Bill" as well as "Monthly Rent" on a check you're paying for electric bills or monthly rent. If you are paying a bill, the company will ask you to enter your account number on the check in the memo area.Step 6 Step 6: Sign your checkUse the signature that you used when opening the checking account and sign your name on the lower right-hand corner. This confirms to the bank that the amount you have stated and the correct payee is yours.How do you balance your checkbook. It is important to record each time you make a payment or spend money. This information can be found on your Huntington checks. The function of your check book is to keep track of all expenses and deposits. All transactions, including ATM withdrawals, deposits, and debit card payment, should be recorded. Record your transactions.If you pay by check, you'll need to keep track of the check's number. This information is available in the upper right-hand corner. This can help you keep track of the checks you have made, helping ensure that your checks are missing, as well as reminding you of when you'll need to change your order for checks. Be sure to make note of the date on your records. In the "Transaction" or "Description" column, list where the money was transferred or the reason for it. Write down the amount you paid in the deposit or withdrawal column dependent on whether you used the cash or got it. Subtract the amount of any checks, withdrawals, or payments and bank fees or make deposits into the total amount of funds in your account from the prior transaction.


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Last-modified: 2021-10-21 (木) 12:55:58 (919d)