Checkwriting

Checkwriting

Free checkwriting privileges offered with nonretirement accounts for select mutual funds.

Checkwriting

The act or process of writing a check. When one writes a check, one makes an order to one's bank to transfer funds to another account, perhaps at a different bank. To write a check, one must indicate who the payee is by writing his/her/its name. One must also date the check and sign it. Generally, one also writes the amount of the payment (in both numbers and words) unless one is writing a blank check. Under most circumstances, one gives the check to the payee, who then deposits it into his/her bank account. At this point the check clearing process begins.
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There were no express plan policies directing FB's checkwriting.
Recurring journal entries, budgets, after-the-fact payroll, a working trial balance and a cash flow statement are just a few of the time-saving features of Visual Client Write-u Additional Visual Suite products include Accounts Payable, Payroll Checkwriting and Depreciation.
No additional features, such as checkwriting or electronic debits initiated by billers, will be allowed with or without an extra fee.
The owner controls the partnership and has the only checkwriting authority for the trust.
Alternatively, it can provide a liquid medium of exchange to depositors through bank notes or checkwriting facilities (see G.
A survey of nationwide checkwriting, conducted by Houston based Telecheck Services, found same-store sales for the first 17 days of the Christmas season had fallen 7.
Furthermore, the generous switching and checkwriting features have tax consequences as well.
The main elements are a PC or compatible, checkwriting software, a laser printer with MICR toner, a MICR font especially designed for the printer and toner, and blank check stock.
The module includes the necessary special magnetic toner cartridges for use with existing Hewlett-Packard LazerJet II or III printers, the special MICR characters (called soft fonts) 2,000 blank checks, legal size paper tray and enhanced version of the BASS Checkwriting Payroll System.
Laser printer, Checker Master (Model MC3815), handles Magnetic Ink Character Recognition printing for checkwriting applications in IBM S/3X and AS/400 office information systems.
The checkwriting fixture even has a separate slot for merchandising TV Guide.
and worldwide; OmniPay, a checkwriting and benefit disbursement system; OmniDBEN, a recordkeeping system for defined benefit and cash balance plan administration; OmniTrade, a trading and reconciliation system for company stocks and mutual funds; and OmniOnline, a browser-based solution that integrates all of these applications for plan sponsors, plan participants, call center representatives and third party administrators.