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Re:Why it’s so hard to fix banking: An interview with Simple... by fiddlerwoaroof on Sunday May 20, 2018 @12:03AM (#17111142)
I wonder if you could put “for deposit only” in the endorsement spot to get the same effect. But why would you want to dictate how the check is used?
Re:Why it’s so hard to fix banking: An interview with Simple... by jboles on Sunday May 20, 2018 @03:44PM (#17114417)
Here’s the best explanation I’ve found:

https://boards.straightdope.com/sdmb/showpost.php?s=0a4ad0b9...