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Reply to "Writing "For Deposit Only" on the back of a check - is there any point?"
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[quote=Anonymous][quote=Anonymous] Here's something you might think is crazy, but it's true: if you write "For Deposit Only" and your account number on the back of the check, you technically don't even have to sign your name! [/quote] Kind of sort of correct, but only if you are depositing into your own account. The correct way to do this would be to write, "Deposit to the account of the within named payee." Then it can only be deposited into YOUR account.[/quote]
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