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Banking Procedure, Page 13

Endorsing Checks

An endorsed signature with stamp behind the checkAn endorsement is an authorized signature written or stamped on the back of a check to transfer the ownership of the check. In other words, when the withdrawer or holder of a negotiable instrument signs on the back of the check for transfer of check, it is called endorsing a check.

The endorsement must be on the instrument itself. The person who signs the check is the endorser and the person to whom the check is transferred is the endorsee. The endorsement must be made for full amount and not for a part of the amount specified on the check.