Results for: Cheques

What is a cheque?

A cheque is a negotiable instrument that can be issued by one person to pay money to another person/entity. The person to whom the cheque is issued is entitled to receive the (MORE)
In Banking

What is cheque?

A cheque is a negotiable instrument that can be issued by one person to pay money to another person/entity. The person to whom the cheque is issued is entitled to receive the (MORE)
In Banking

Is At Par cheque a type of cheque?

At par cheque is a cheque on which no charge is deducted by the bank for crediting to your account, even if your account is in a branch that is in a different city from where (MORE)
In Banking

How are cheques and cheque books used?

What is a Cheque? A cheque is a negotiable instrument that can be issued by one person to pay money to another person/entity. The person to whom the cheque is issued is ent (MORE)
In Banking

What is multicity cheques?

Usually Cheques issued by banks have a city associated with them. For ex: if I give you a cheque from my bank account in Chennai, India, and you want to deposit it in your acc (MORE)
In Banking

What is a traverllers cheque?

Travelers Cheques are monetary instruments that can be converted to cash at any bank around the globe. It is usually used by tourists and travelers when they visit a country w (MORE)
In Banking

Does all the cheque are micr cheques?

MICR stands for Magnetic Ink Character Recognition. It is a system using which magnetic readers can easily identify the bank that issued the cheque and other details reg. the (MORE)