Checks are not common in daily life. When checks appear, they often involve larger amounts of expenditure. However, transfer checks can only be used for transfers and cannot be used to withdraw cash. So how do you stamp a transfer check?

Stamping of transfer checks

In the endorsee column on the back of the check, fill in the account opening bank. Note that it is the full name of the bank where the check is deposited. In the box below, it is best to write on the side, entrusted collection, and then, in the box, stamp the financial seal and corporate seal, which are the reserved seals of your bank, two seals and entrusted collection. , the chapters must be stamped clearly and cannot overlap each other.

Endorsement and seal of transfer check

1. The payee column of the transfer check should be filled in with the name of the payee. Stamp the bank seal reserved by the drawer (paying unit) on the front. After the beneficiary unit obtains the transfer check, it shall stamp the special financial seal of the beneficiary unit and the personal name seal of the legal representative or financial person in the endorsement column on the back of the check, fill in the bank invoice, and submit it together with the check to the beneficiary unit. The bank where the account is opened entrusts the bank to collect the money.

2. The payee of the transfer check can also be written as the payee’s personal name. The payee stamps his personal seal or signature in the endorsement column on the back of the transfer check, fills in the name of the issuing authority and ID number, cashes the transfer check with his ID card and deposits it into his personal settlement account opened at the bank where the account is opened. .

Secondly, check whether the seal on the check is correct and clear;

Thirdly, check whether the account number filled in by the drawer is consistent with the barcode at the bottom to identify the authenticity of the check. The second half of the barcode is the drawer's account number, and the first half is the drawer's bank number.

The difference between cash checks and transfer checks

Both cash checks and transfer checks can be used for transfer purposes, but please note that cash checks cannot be used for transfers and can only be used to withdraw cash; transfer checks cannot Cash withdrawals can only be used for transfers.

The difference between the two types of checks in endorsement methods.

Cash check: The payee on the note is the payer’s own company name, and the endorsement is stamped with the payee’s reserved seal. The check can be handed directly to the payee, and the holder can withdraw cash directly from the bank where the payee has an account.

Transfer check: The payee is the name of the payee, and the endorsement is the signature of the payee. After receiving it, the payee can directly take it to the bank of his account to handle the entrusted collection and enter it into his account.