Check Deposit Information:
What makes up a check?
- Maker – person/business who is writing the check. This appears printed in the upper left corner
- Payee – person/business to whom the check is written
- Signature line or lines. This can be one signature or two or more signatures dependent on the type of account.
- Written amount is the numeric value written in the the box with the dollar sign
- Legal amount is the amount written in words. This is a legally binding amount and should match the written numeric value.
- Check number is typically on the upper right corner and appears in the MICR line on the bottom of the check
- Banking information
- MICR line. The routing (ABA) number is always 9 digits long, and is always between a line and a colon(|:xxxxxxxxx|:). The MICR line also includes the account number and check number.
How to endorse your check:
If the check is made out John Doe AND Jane Doe – both parties must endorse. If it’s made out to Jane Doe OR John Doe, one of the parties needs to endorse.
For Mobile Deposit:
Your check must be endorsed with the following language or it will be rejected:
“For Mobile Deposit Only at Roundbank”
This must accompany your signature for a valid deposit. Funds are typically deposited within two business days. You should keep the copy of the check until the funds are in your account.
For In-person Deposit:
You will need one or more signatures to match what is in the Payee line.