Bank Endorsement

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Bank Endorsement

A stamp or other authorization made by a bank on the back of a check (as proof that payment is owed) when it presents the check to the writer's bank for collection. Most checks require a bank endorsement if they go between two different banks. See also: Endorsement.
References in periodicals archive ?
Robin McCall as Group Chief Executive Officer following the Board of Directors and Qatar Central Bank endorsements.
He also developed image processing techniques to separate and enhance poor-quality, overlapping bank endorsements and, thereby, track checks back to the bank of first deposit.