Checkwriting

Free checkwriting privileges offered with nonretirement accounts for select mutual funds.

Checkwriting

The act or process of writing a check. When one writes a check, one makes an order to one's bank to transfer funds to another account, perhaps at a different bank. To write a check, one must indicate who the payee is by writing his/her/its name. One must also date the check and sign it. Generally, one also writes the amount of the payment (in both numbers and words) unless one is writing a blank check. Under most circumstances, one gives the check to the payee, who then deposits it into his/her bank account. At this point the check clearing process begins.

单词	checkwriting
释义	Checkwriting Checkwriting Free checkwriting privileges offered with nonretirement accounts for select mutual funds. Checkwriting The act or process of writing a check. When one writes a check, one makes an order to one's bank to transfer funds to another account, perhaps at a different bank. To write a check, one must indicate who the payee is by writing his/her/its name. One must also date the check and sign it. Generally, one also writes the amount of the payment (in both numbers and words) unless one is writing a blank check. Under most circumstances, one gives the check to the payee, who then deposits it into his/her bank account. At this point the check clearing process begins.
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