To sign the back of a check with the name of the company and "Pay to any bank" is an example of a

Question

Quizplus · Accepted Answer

A restrictive endorsement limits the use of the check to the purpose stated in the endorsement, such as depositing it into a bank account. By specifying "Pay to any bank," it restricts the check's negotiability beyond the mere signature (blank endorsement) or identification (signature card) and is not indicative of a check that has been processed and voided (canceled check).

To Sign the Back of a Check with the Name