Bank Endorsement STAMPS

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BANK STAMP REQUIREMENTS You must have a bank deposit account to use an endorsement stamp. This account will be a business checking account if you are depositing customer payments, although you can use an endorsement stamp for your personal accounts if you choose. Your endorsement stamp must display the account number.

YOUR STAMP SHOULD INCLUDE: FOR DEPOSIT ONLY - A "For Deposit Only" line on an endorsement stamp restricts a bank's ability to accept a check. The bank must deposit the funds into the bank account and are not able to cash the check for you. Stamping a check immediately when you receive it will prevent someone from cashing it if it is lost or stolen.
Alternately, an endorsement stamp can display "PAY TO THE ORDER OF" if you intend to cash the check.

OTHER STAMP LINES: You should include your business name and bank name on the stamp even though these are not requirements. Including this information prevents misdirection of the check to another bank or account. You may also include your bank's location and/or bank number on the stamp.