BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
When writing a check, it is a good idea to use
A
pencil
B
erasable pen
C
blue or black ink pen
D
red pen
Explanation: 

Detailed explanation-1: -Financial paperwork (e.g., credit card applications) and some other types of legal documents (such as those requiring a signature) usually require using a blue ink pen.

Detailed explanation-2: -“Blue ink is preferred because when black ink is used, someone at the bank or credit card company may not be able to tell whether they are looking at a photocopy of a signature or an originally inked signature, ” says Cina L.

Detailed explanation-3: -Yes. Blue ink, much like black ink, is considered a ‘standard’ ink color, meaning it’s well-processed, and scanners are unlikely to have any trouble with it. Blue is actually considered to be the best color to write your checks in, with black being a close second if you can’t track down a blue ink pen.

Detailed explanation-4: -The Better Business Bureau issued an alert Wednesday against check washing, urging consumers to sign their checks only with black gel ink that is “indelible, ” or long-lasting.

Detailed explanation-5: -While both are acceptable, many people consider blue the optimal choice. The reasoning behind this is that the color will stand out among the walls of black text on the document while still being dark enough to read.

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