An endorsement that restricts the use of a check
an endorsement such as "For Deposit Only", that limits use of the check
An endorsement signature on the back of a check that specifies the conditions under which the check can be transferred or paid out.
If the endorsement says "pay B only" or "for deposit only," these are illustrations of restrictive endorsements.
An endorsement that is conditional and affects the negotiability of the check or other instrument.
A legal term which restricts the negotiability of the instrument. For example, "for collection only."