A restrictive endorsement uses the term "for deposit only" followed by the signature and account number of the payee.

Name: A restrictive endorsement uses the term "for deposit only" followed by the signature and account number of the payee.
Brand: Quizplus
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Question

A restrictive endorsement uses the term "for deposit only" followed by the signature and account number of the payee.​

Quizplus · Accepted Answer

A restrictive endorsement specifically limits the use of a check by including the term "for deposit only," followed by the payee's signature and account number, indicating that the check can only be deposited into the account of the payee.

A Restrictive Endorsement Uses the Term "For Deposit Only" Followed