3 years ago

What is the type of endorsement, the signature of the person whom the check is payable is placed on the back of the check?

1 answer:

8 0

A blank endorsement is created by placing your signature on the back of the check. It is quite risky since anyone who is in possession of it enables him/her to deposit and claim for the payment. It is advised to only do a blank endorsement if you want to cash out your check.

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