BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The memo line on a check is ____
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Where you sign your name
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Optional
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Where you should write the amount
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Where you should write the check number
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Explanation:
Detailed explanation-1: -Filling out the line that says “Memo” is optional, but helpful for knowing why you wrote the check.
Detailed explanation-2: -Memo line: Located in the bottom left corner of the check, this is a blank line preceded by “For.” This area is optional and is where you can write the purpose of your check.
Detailed explanation-3: -Memo (optional). At the lower left is a line where you can, if you choose, note what the check is for, or write in your account number for, say, the utility company you’re paying with that check. It can also indicate that the recipient should apply the money to what you owe and not some other item.
There is 1 question to complete.