What type of endorsement allows for transfer without cash involved?

A blank endorsement is a type of endorsement where the payee simply signs their name on the back of a check, allowing anyone in possession of the check to cash or deposit it. This form of endorsement does not specify who can collect the funds, which effectively enables the transfer of the check to another party without any cash transaction involved. Because of its straightforward nature, a blank endorsement allows for easy transferability, making it particularly useful in scenarios where the check might be passed along informally.

In contrast, other types of endorsements serve different purposes: conditional endorsements include stipulations about how the check can be used, restrictive endorsements limit the ways in which the check can be processed, and qualified endorsements can limit the liability of the endorser but also don’t facilitate transfer without some conditions applying. Thus, the blank endorsement is the most straightforward and unrestricted option for transferring funds.