Is it necessary to write "for deposit only" on the back of checks?

Answer by  carecal (17)

While it is not necessary to write "for deposit only" on the back of a check, it does help protect it in the event that you lose the check or it gets stolen. When a check has "for deposit only" on the back, it can only be deposited into your account, and no cash may be taken from the check.

Answer by  Roland27 (16334)

This ensures that no one can cash your check. When the words "For Deposit Only" are written on the back of a check the money is ONLY allowed to be DEPOSITED in the account listed.

Answer by  Rose (6804)

If you plan on depositing the check into your account it will protect you in case you misplace the check or someone happens to take it from you. By placing for deposit only and your account number on the check the check can only be deposited into your account. Most banks recommend that you do this.

Answer by  tamarawilhite (17883)

No, it is not necessary, unless you want to prevent someone from cashing the check. However, your signature is always required for deposit to be completed.