From: utzoo!decvax!yale-com!leichter
Newsgroups: net.misc
Title: Re: Do we need to buy checks?
Article-I.D.: yale-com.615
Posted: Thu Jan  6 16:37:06 1983
Received: Fri Jan  7 05:04:20 1983
References: rocheste.369

A check is an order to your bank to transfer money from your account.  To
be valid, it has to include four things:  The amount; your signature; who
to pay; your bank's name.  (Actually, "who to pay" is probably unnecessary;
if you leave it out, the check is probably good for whoever presents it.
I'm pretty sure you DON'T have to include a date.)  So...writing on a paper
napkin is fine.  HOWEVER, all this means is that an instrument so drawn,
presented at YOUR bank, is valid.  It doesn't mean anyone else - probably
including other branches of your bank - have to accept it - and they almost
certainly won't.  (Of course, checks are not legal tender so no one HAS to
accept even a "normal" check - but they are useful because they are widely
accepted.)
							-- Jerry
						decvax!yale-comix!leichter