"For collection only" is an example of a special indorsement.

Name: "For collection only" is an example of a special indorsement.
Brand: Quizplus
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Quizplus · Accepted Answer

"For collection only" is an example of a restrictive indorsement, not a special indorsement. A special indorsement specifies the person to whom the payment is to be made, while a restrictive indorsement restricts further transfer or imposes a condition.

"For Collection Only" Is an Example of a Special Indorsement