If A Payee Wants To Transfer A Check To Another Party, The Payee Would Use____. How Do You Fill The Blank?

A) blank endorsement b) restrictive endorsement c) full endorsement d) signature card


Answer:
Option C) full back-up

If A Payee Wants To Transfer A Check To Another Party, The Payee Would Use a full endorsement.

Endorsement is basically to inform the bank what to do near the check. Blank one is when you sign the check to deposit or cash to yourself. To transfer a check to another party is agreed as full endorsement.




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