Question

what is endorsement of cheque???

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Answer 1

When someone pays you with a check, you'll usually have to sign the back of it before you can deposit it in your account. Signing the back of it is called “endorsing the check.” What you write when you sign it—how you endorse the check—depends upon what you want to do with the check and how the check is written.

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Answer 2

There are several ways to endorse a check and how you endorse it depends on what you want done with the money and how the check is filled out. First, a word about safety and check fraud. Wait as long as possible to endorse the check. Endorse the check at the bank before getting in line or during a mobile deposit. If you lose the check after you endorse it, someone may steal the check and alter the endorsement.

You endorse a check on the back of the check. There may be a simple line or a box that reads: “Endorse Here.” There’s usually another line that says, “Do not write, stamp, or sign below this line.” The endorsement area is typically about 1.5” long and covers the breadth of the check.

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