With all the electronic payment options, we don’t write as many checks as in the past. But when we do, we’ve grown to learn that our signature at the bottom means the money will be in the bank when the check is cashed.
A check is a promise to pay. The banks hold you to your promise and enforce strict consequences for insufficient funds including bounced/returned checks, overdraft fees or even closing your account. If you’ve experienced any of these deterrents, you’re aware of them every time you sign a check and make sure you keep that payment promise and comply.
