For what purpose would a payee use an endorsement as shown in the following example:
For deposit only
P. J. Berry's
6639-88-83-9
when depositing a check into his or her account
when paying a check
when transferring the check to another party
when cashing a check

Question

For what purpose would a payee use an endorsement as shown in the following example:
 For deposit only
 P. J. Berry's
 6639-88-83-9   
       when depositing a check into his or her account
        when paying a check
        when transferring the check to another party
        when cashing a check

ivettef365 · Answer

the word explains it "for deposit only" so is only for deposit

ivettef365 · Answer

not paying, or transferring or cashing, just depositing

anonymous · Answer

okay .. thanks... these questions like this kind of confuse me

ivettef365 · Answer

yw :)