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3 votes
A restrictive endorsement on a check

2 Answers

4 votes
limits the use of the instrument to a means specified by the endorser. " for deposit only.
answered
User Carbontax
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7.5k points
3 votes

A restrictive endorsement on a check is a check that may be used only for the specific purpose stated in the endorsement. They are often used when banking by mail or depositing at an ATM.

answered
User Whuhacker
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7.8k points
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