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How A Check Is Processed
Beginning of Essay
Checks are written everyday at almost every place of business. At age 18 anyone with the adequate amount of money can open a checking account of their own. One aspect of checking account functions that many account owners are not familiar with is the processing .... Middle of Essay .... in the automatic check reader. This check reader recognizes the customers account number, A.B.A. number (or routing number), as well as the check number. The computer system can the recognize the specific account and check to make sure that there are no returned checks on that account. Once the checked is approved, it is then printed or endorsed on the back with all proper information for Winn Dixie deposits, including the amount of the purchase, cash back received (if applicable), store location number, date, time, cashier number, and the customer’s account number. The cashier then stores the check in a locked box until it is time for th ....
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Words: 707 - Pages: 3
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