Correct endorsement in VIA smoothly

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Aug 6th, 2022
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How to Correct endorsement in VIA

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[Music] which see if I pro courses and were about to take our training to the next level by talking about endorsements today so weve talked about the fundamentals of instruction and what it takes to be a flight instructor and all the many roles that we have and weve also talked about how we do our job as a flight instructor aka 14 CFR part 61 of the regulations so today were going to talk about how we use those regulations to document and to endorse people for things such as a flight that we do as well as any type of certification initial pilot certification and advanced pilot certification and additional aircraft and class ratings so without further ado lets get started lets open up your pts and were gonna scroll down a little bit here Im going to hit the search feature here and what we want to do is look for the spot where it talks about endorsements and its right here area of operation - tasks mic logbook entries and certificates endorsements and this particular one here la

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3 Types of Endorsements Blank Endorsement. A blank endorsement is made when the back of a check is signed without any added restrictions. Restrictive Endorsement. A restrictive endorsement ensures that a check will be deposited into a specific account. Special Endorsement.
Endorsing a Check to a Third Party This is known as a special endorsement. Write the following in the endorsement area: Pay to the order of followed by the name of the individual who you wish to have the money. Sign your name underneath.
A signature is an endorsement. For example, when an employer issues a payroll check, it authorizes or endorses the transfer of money from the business account to the employee. The act of signing the check is considered an endorsement, which serves as proof of the payers intent to transfer funds to the payee.
If the payee of a check you have written fails to endorse a deposited check, that check may be returned to you. By returning an unendorsed check, the Bank is protecting you against the negotiation of a stolen check.
Business Check Endorsements Dos and Donts Use black or blue ink so it cant be erased. Be sure to endorse it, because most banks need that endorsement. Without it, there may be delays accessing the funds.
The name in the endorsement must match the payee (Pay to the Order Of) name on the front of the check. If someone gives you a check and theyve spelled your name incorrectly, endorse the back of the check with the incorrect spelling, and then sign your name with the correct spelling on the back of the check.
Write Pay to the Order of and the third partys name below your signature. Its important to write the name of the person that you are signing the check over to in the endorsement area under your signature. This signals to the bank that you are endorsing the transfer of ownership for the check.
The name in the endorsement must match the payee (Pay to the Order Of) name on the front of the check. If someone gives you a check and theyve spelled your name incorrectly, endorse the back of the check with the incorrect spelling, and then sign your name with the correct spelling on the back of the check.

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