May 28, 2018
Personal checks are usually available at a much cheaper rate compared to manual business checks. This often prompts people to wonder about the differences between the two. Is it worth paying extra buying business checks? Well, the higher cost of business checks is justified by a few extra features that are geared to serve business users. For starters, business checks have larger dimensions and they are thus easier to print on. Apart from its size, business checks also come with more customization options as well as more security features. Without further ado, let’s check out a few advantages of using business checks for making business payments.
While individuals rarely write checks, businesses need to issue multiple checks every month. The sheer number checks issued by businesses makes them susceptible to check fraud. Personal checks do come with standard security features such as watermarked text and designs. However, they don’t have as many security features as business checks. Right from holograms to heat sensitive paper, the latest in security technologies are often employed to make business checks more secure. Businesses can also spend extra and buy high security laser business checks. These checks are impossible to counterfeit and thus delivers a level of peace of mind that standard personal checks cannot match.
Fits a Double Window Envelope:
Personal users often write checks and hand them over to recipients. Businesses rarely do that. Most businesses print checks using their accounting software programs and send them via mail. Sending checks through the mail, allows businesses to get a delivery acknowledgement from the recipient. Now, the favored enveloped to send checks via mail is a double window security envelope. Business checks have a size that perfectly aligns with the transparent windows. This is why if you intend to send checks via mail (like most businesses) you need to order business checks.
They Come with Check Stubs:
If you have always used personal checks then there is a good chance you have never heard of check stubs before. They are tiny pieces of paper that are attached to each individual check. The purpose of check stub is to record the information of all the checks issued. Considering businesses need to write hundreds of checks in a calendar year, these stubs are essential for recordkeeping and they help business owners settle payment disputes.
They Are Not That Expensive:
If you are ordering business checks from the bank then you are certainly paying more than you should. If you skip the bank you should face no trouble finding cheap checks online and supermarkets. Now, because businesses typically order checks in bulk, the per-check cost can actually be lower than personal checks ordered from the bank.
Customization Options That Matter:
Business checks come with personalization options that personal checks typically do not. For example, you can order business checks with extra a memo line and a space for two signatures. Business checks also have room for business contact information and a company logo. This allows businesses to boost brand visibility.