How to Write a Cheque
Writing a cheque is a simple process, but it is important to ensure that you do it correctly. The following guide provides the information you need to write a cheque correctly, including how to fill in the different sections and what to avoid.
Step 1: Date
The first step in writing a cheque is to fill in the date. The date should be written in the top right-hand corner of the cheque. If you are writing a postdated cheque, you should write the date that the cheque will be honoured by the bank.
Step 2: Payee
The next step is to fill in the payee. The payee is the person or organisation that will be receiving the payment. You should write the full name of the payee in the u2018Pay box.
Step 3: Amount
The third step is to write the amount of money being paid. You should write the amount in both numbers and words in the relevant boxes. When writing the amount in words, you should use the exact amount, including cents. You should also ensure that the words and numbers match.
Step 4: Signature
The fourth step is to sign the cheque. You should sign the cheque in the signature box at the bottom right-hand corner of the cheque. Your signature should match the one held by the bank.
Step 5: Memo
The final step is to add a memo to the cheque. The memo is an optional field and can help you to remember why you wrote the cheque.
Things to Avoid
When writing a cheque, there are certain things you should avoid doing. Firstly, you should never write a cheque for more than the amount in your account. Secondly, you should never write a cheque for an amount that is not a multiple of five. Finally, you should never sign a cheque until you are ready to make the payment.
Conclusion
Writing a cheque is a straightforward process, but it is important to ensure that you do it correctly. Using the above guide, you can make sure that you write a cheque correctly and avoid any potential problems