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TeachMeFinance.com - explain
Initialed check
historic definition...
Initialed check -- When a bank cashier or paying teller puts
his initials on a check it signifies that the signature is correct;
but this initialing of a check is not a certification of it;
nor is it in any sense an indorsement of it.
About the author
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Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".
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Copyright © 2007 by Mark McCracken, All Rights Reserved.
TeachMeFinance.com is an informational website, and should not be used as a
substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any
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