This might depend on your country and subject.
In Germany vectors are usually written as $\vec{x}$ (i.e. with an arrow above the letter), matrices and tensors as capital letters. It has been done like this in all school classes I've ever attended and in most university lectures. If I remember correctly, some professors used underlining for matrices instead (not sure about vectors, perhaps also underlining).
As long as you use a consistent representation it shouldn't be a problem for the students. But the best approach might be to just ask them what they are used to. You could also get the information about what is usual in your place/subject by asking other teachers, looking at lecture notes or sample solutions for exercises and tests, etc.