What phrase is used in a restrictive endorsement?

The phrase "For deposit only; acc #; name" is used in a restrictive endorsement as it specifies that the check can only be deposited into a specific account, providing both security and clarity regarding its intended use. This type of endorsement restricts the transferability of the check to prevent unauthorized parties from cashing it, thus ensuring that it reaches the intended recipient’s bank account.

In contrast, other options refer to different types of endorsements. The phrase "Pay to the order of" is commonly used in a general endorsement, allowing the check to be cashed or deposited by any individual or entity named following that phrase. "Transfer ownership" would typically indicate a full endorsement for the check to be transferred to another party without restrictions, while "Endorsement limited to use" is more of a general description than a specific phrase used in endorsements.