When you order from Bradford Exchange Checks, you may wonder what personal information you should have printed on your checks. It’s a good question: after all, choosing the right information to include on your checks is an important part of protecting yourself from identity theft, keeping your finances safe, and making sure the information you…
Some people find checks confusing. Fortunately for you, I have broken down what each part of a check means into simple, numerically indicated sections. While checks vary, this simplified explanation will give you a general understanding of what the parts of a check are. 1) Personalization Area The top left area of a check is…
Think checks are outdated? Think again! There are times when a check is not only useful but also better for payment verification and security. Checks give you a payment backup in case a company accidentally loses your billing or payment record. Using checks is also cheaper than using the ATM with most banks. Debit cards and…
Even with online bill payments and other electronic options, many consumers still write a lot of personal checks. From paying the rent or mortgage and utilities, to taking care of the PTA or paying for other school functions and resources, personal checks still play a big role in your financial life. One of the best…
Need to cancel a check? It is important that you follow the right steps in the right order to make sure your check is cancelled properly. This will ensure you are not charged any unexpected fees and that the check does not clear. You will also help alleviate any confusion on the part of your…
The federal laws that govern how banks process checks have been in place since 1987. The Expedited Funds Availability Act (EFAA) is very detailed and addresses every type of deposit transaction, including international transfer of funds. For the average citizen, however, three stipulations are particularly relevant to everyday banking. The EFAA requires that: • Your…
A variety of checking accounts types are available depending on your financial, saving and spending needs. Learning how these different types of checking accounts work helps ensure you get the most value from your account. Here are a few of the most common types of checking accounts and the major features they offer. Simple Checking…
You may have heard of friends or family having more than one checking account. Why, you ask would people want or need more than one checking account? Well there are many different reasons ranging from dedicated specific accounts for defined expenses to keeping money separate from your spouse in case of a separation/divorce and all…
One of the questions I hear most often is, “Do I need to get new personal checks if any of the personal information printed on them is no longer current? While it may not seem necessary to have to replace your checks because your address or other information has changed, you really should. It is…