You might be be asking Where is account number on check, this blog post will help you on how to locate your account number on check with an easy guide.
First let’s start with what is a check before we can proceed to where account number on check is.
What is a Check/Cheque
Let’s take a look at the different definition of a check or cheque.
A cheque or check is a document that orders a bank to pay a specific amount of money from a person’s account to the person in whose name the cheque has been issued. The person writing the cheque, the drawer, has a transaction banking account (often called a current, cheque, chequing or checking account) where their money is held. The drawer writes the various details including the monetary amount, date, and a payee on the cheque, and signs it, ordering their bank, known as the drawee, to pay that person or company the amount of money stated.
Cheques are a type of bill of exchange and were developed as a way to make payments without the need to carry large amounts of money. Paper money evolved from promissory notes, another form of negotiable instrument similar to cheques in that they were originally a written order to pay the given amount to whoever had it in their possession (the “bearer”).
A cheque is a negotiable instrument instructing a financial institution to pay a specific amount of a specific currency from a specified transactional account held in the drawer’s name with that institution. Both the drawer and payee may be natural persons or legal entities. Cheques are order instruments, and are not in general payable simply to the bearer as bearer instruments are, but must be paid to the payee. In some countries, such as the US, the payee may endorse the cheque, allowing them to specify a third party to whom it should be paid.
With the above definitions you should know what is cheque or check and what is all about.
Major Types of check/Cheque we have in Banking
Open cheque or bearer cheque
The issuer of the cheque would just fill the name of the person to whom the cheque is issued, writes the amount and attaches his signature and nothing else. This type of issuing a cheque is also called bearer type cheque also known as open cheque or uncrossed cheque. The cheque is negotiable from the date of issue to three months. The issued cheque turns stale after the completion of three months. It has to be revalidated before presenting to the bank.
A crossed cheque or an account payee cheque
It is written in the same as that of bearer cheque but issuer specifically specifies it as account payee on the left hand top corner or simply crosses it twice with two parallel lines on the right hand top corner. The bearer of the cheque presenting it to the bank should have an account in the branch to which the written sum is deposited. It is safest type of cheques.
A self cheque
A self cheque is written by the account holder as pay self to receive the money in the physical form from the branch where he holds his account.
Pay yourself cheque
The account holder issues this type of crossed cheque to the bank asking the bank deduct money from his account into bank’s own account for the purpose buying banking products like drafts, pay orders, fixed deposit receipts or for depositing money into other accounts held by him like recurring deposits and loan accounts.
Post dated cheque (PDC)
A PDC is a form of a crossed or account payee bearer cheque but post dated to meet the said financial obligation at a future date.
A Bank Account is a financial account maintained by a financial institution for a customer. A bank account can be a deposit account, a credit card account, a current account, or any other type of account offered by a financial institution, and represents the funds that a customer has entrusted to the financial institution and from which the customer can make withdrawals. Alternatively, accounts may be loan accounts in which case the customer owes money to the financial institution.
What is the Account Number on a Check: The account number on a check is the account number of the owner to which it will help to direct fund or money to the person the check is drawn to.
Where is account number on check and how to locate your account number on check
Where is account number on check and how to locate your account number on check is discussed below.
First you should note that without an account number on check or a valid account number, a check or cheque is invalid and will not go through. There are three major things needed on a check or cheque which are;
1. The first number on the left is your bank routing number
2. The second (middle) number is your account number
3. The third number is your check number
Sometimes bank account on a check/cheque might not be in the middle, for you to know exactly where is account number on check, take a look at this symbol or icon ⑈. .The numbers or digits before that symbol is your account number. This is the best way to locate your account number on check as it might not be in the middle.
READ ALSO 1. Full list of usaa routing numbers for wiring
With the above i think i’ve answered your question on where is account number on check. Don’t forget to share this post thanks.