The first stage in the check payment process begins when the (1) writes a check on his/her account payable to an identifiable person, bearer, or cash. after the (2) writes the check, the next step is for the (3) to accept the check. the (4) can transfer the check to another person, convert it to cash, or deposit it to an account. the top one-fourth of the back of the check is reserved for (5) and the three principal types are (6) (7) and (8) the (9) accepts the check, which has been endorsed by the payee. from there, it is bundled as (10) or if check images as (11) , for presentment to the (12) the (13) receives checks directly from other banks or through a (14) , (15) , or (16) at the end of the day, transactions are (17) to the accounts. when (18) view their statements online or receive their statements in the mail listing the previous month's checking account deposits and debits, the check payments process has come full circle.