In today’s digital age, paper checks seem like an outdated payment method. However, they continue to play a significant role in many people’s lives, especially when it comes to certain types of transactions. There are two ways to obtain paper checks, one is to order checks, and the other one is to print checks online. If you are looking for a way to print checks online, that’s where Zil Money comes into play. Keep reading to know more about which is the most efficient method.
What Is Paper Checks?
Paper checks, are a form of payment that involves writing a document that instructs a bank to transfer money from the account of the person writing the check to the account of the person or organization receiving the payment. The check typically includes the name of the recipient, the amount of money being transferred, and the signature of the person issuing the check.
What Is a Substitute Check?
A duplicate check was made using an original check. The Check 21 Act empowers banks to process electronic checks like they do paper checks. A bank can print a “substitute check” if an extra physical copy of a check is required.
The privileges of a substitute check are the same as those of the original check. Therefore, this substitute check is frequently used as proof of payment by the owner of the original check (the payer).
What Exactly Is a Check Template?
A check template is a previously printed check form. You can finish it and print it without having to write checks. This makes it simple to keep track of your bank accounts, send paychecks, and pay loan bills. In addition, you can use our drag-and-drop design tool to customize the check template provided by our platform to create your ideal personalized check.
Two Main Ways to Get Paper Checks
Order Pre-Printed Checks
A pre-printed check already has information that can’t be changed on it. For example, the bank name, address, payer details, “void” after a period, and bank account number are printed on such checks.
The pre-printed check contains all your financial information, such as your routing and account numbers, which is critical information.
Ordering your check is a time-consuming and tedious task. It’s risky to let someone else handle your checkbook because they have access to your account and other information that could be used against you. These checks should be kept in a secure location where others cannot access them. Still, if you own a business, you will need to order a large number of pre-printed checks, which will take time to keep safe. If you have multiple bank accounts, you have to order multiple sets of pre-printed checks. However, having more than one set of pre-printed checks is too risky.
Disadvantages
- Eat away your money.
- Not secure.
- Eat away your time.
- Wastages.
Print on Blank check papers
Blank check paper refers to checks with no written information. Blank check paper stock is basically the same thing as a blank check. Even though they contain security features like watermarks and microprints, these documents are still called blank checks. Individuals and businesses must print the bank’s logo, name, address, payer, and other information.
Using blank check papers is the most efficient, simple, and secure method. The check forms are blank and will remain so until they are printed. Once printed with the correct information using a check printing platform, it will be a live check. You can be confident that this process will be streamlined and efficient with the assistance of Zil Money.
Benefits of Blank check Paper
- There are several options for obtaining blank checks for a low price, large purchases of blank check stock might result in substantial savings. Using blank checks instead of pre-printed ones can reduce your company’s internal check and paper costs by as much as 80%.
- In terms of safety and security, blank checks are unquestionably safer than pre-printed checks.
- Printing on blank checks, it is simple to personalize and alter them as fits.
- Eliminate wastage of checks.
In short, printing checks yourself have more advantages than ordering them. This is because there are different types of problems while ordering checks, and it’s not an efficient way of getting checks. But printing checks using Zil Money has many benefits and is the most efficient way to obtain checks.
Paper checks remain a relevant payment method for certain types of transactions in today’s digital age. While they offer advantages such as a paper trail and the ability to make payments to people or organizations that do not accept digital payments. You can get checks by ordering and printing them, if you are looking for the most efficient methods, then it’s better to go with printing checks yourself you will have complete control over your check from designing to printing it. If you are looking for the best platform for printing checks on blank checks, look no further than Zil Money.
