While it seems like a waste of valuable time, this policy is in place to safeguard against those who would misapply their insurance money and never complete the repairs. Endorsing a Check for Deposit Only. Endorsement Missing – Endorsement – If a check or check draft is returned due to endorsement missing, this is because the depositor, not the account holder that issued the check, did not endorse the item. This is also known as a “restrictive endorsement.” By doing this, it’s more protected than a blank endorsement since it restricts what you can do with the check. However, there is no "endorse on this line" type thing on the back -- it just says "SECURITY DOCUMENT" watermarked all over the back. This is called a “restrictive indorsement,” and it should prevent you or any other person from cashing the check. In addition, endorsing a check makes the recipient the only person who can legally collect money from the checkwriter’s account. Why must the mortgage company need to endorse my insurance check? The most familiar example of a blank endorsement is a check made payable to cash and endorsed on … The endorsement is really for the check-writer’s protection - if a check is stolen, you can complain to the bank that they gave your money to the wrong person. Check Endorsement Basics Banks typically require you to endorse the back of a check before deposit. You endorse a check by signing at the back which indicates “endorse here“. If you receive a check that was made out to someone else and that person endorsed it “for deposit only,” you should not be able to cash it. How do you endorse a check with no endorse line on the back? I got a refund in the mail today in the form of a check. also can anyone tell me the wamu … Exactly Why Do We Have to Endorse Checks for Deposit? 5. Disclaimer: The following content is intended as a public service for the generations of young people growing up in a world with little or no concept of what a check is and how you can turn it into money. As an example, a check made payable to you and your Bank must be endorsed by both. Blank Endorsement Explained . Thus, using and endorsing a check has a top security advantage. If a check has multiple payees, and the word “or” does not appear, all payees must endorse the check. In the US, you can walk into a brach of the bank that the check is drawn on, sign the back of the check (endorse it), and they will cash it for you. An endorsement is a signature or stamp that goes on the back of the check. Just turn the check over to the back. To restrict unauthorized access, write "For Deposit Only" on the endorsement section along with your signature. 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