What is a Checkbook?

A checkbook generally consists of a supply of preprinted banking checks, a registry for recording payments and deposits, several deposit slips for incoming checks and currency, and a protective sleeve with a pocket for receipts. Many people carry a checkbook inside a purse or in addition to a wallet in their pockets. Because a checkbook often contains sensitive banking information, most people keep a very close eye on it while in public. The loss of blank checks can be a very costly mistake unless reported to the bank immediately. Whenever a banking customer opens a new checking account, the bank representative will often issue a small book of generic 'starter checks' which must be completely filled out by the customer during each transaction. A rudimentary registry for keeping track of check amounts may also be included in this initial checkbook packet. Once a customer has reached the end of the supply of starter checks, additional packets of preprinted checks may be ordered through ...  more