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No. The mandatory details to be entered in a cheque are:
* Payee full name
* Amount in numbers * Amount in words * Signature Apart from this, if you want you can mention your name, contact no. etc on the back side of the cheque so that you can be traced in case the cheque is lost. But apart from the 4 bullet'd items, there are no other mandatory fields.
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What are personalised cheques?
When you order cheques/checks and have your name/address/phone number imprinted along with your bank name and account number on them, the cheques/checks are considered to be "personalised". ASAP Cheques/ASAP Checks Bank quality cheques/checks without bank prices, ready to ship in 24 hours.
Can you put cash in air mail?
No. only cheques, in some cases dd's are also accepted
Why did shops stop taking cheques?
they have stopped taking cheques because of fraud of signatures.
How long does a overseas check take to clear?
In the UK, cheques from other UK banks take up to 7 days to clear. The main problem with cheques is that they have to be physically sent to a clearing house where all the banks get together and swap their cheques. in the uk this is in london so a cheque put into your local branch in say, glasgow, will be sent by post to london, picked up by the issuing bank and returned to their main office so it can be processed.
What are the advantages and disadvantages of e-cheques?
they are good
What are personalised cheques?
When you order cheques/checks and have your name/address/phone number imprinted along with your bank name and account number on them, the cheques/checks are considered to be "personalised". ASAP Cheques/ASAP Checks Bank quality cheques/checks without bank prices, ready to ship in 24 hours.
What methods can be used to deposit cash and cheques to a business bank account?
By usin cheques,it can be a cross cheques or open cheques
Can you put cash in air mail?
No. only cheques, in some cases dd's are also accepted
Why cheques are not considered as part of money supply?
what is a cheques
Can cheques be falsified?
Yes. Cheques can be falsified but it is illegal. Only banks can issue Cheques to their customers. No one else is authorized or rather supposed to print Cheques. If anyone is found/caught printing/using bogus or fake Cheques they can be legally prosecuted and jailed for it.
What is the meaning of Non Micr cheques?
Defination for NON-MICR CHEQUES
How long does it take to clear travellers cheques?
travellers cheques do not have to be cleared, this only applies to regular cheques. travellers cheques are bought up front from a bank, so it is guaranteed cash to the person you are dealing with. If you should lose them or are stolen, the cheques are insured, so you will get your money back in a reasonable amount of time.
Why did shops stop taking cheques?
they have stopped taking cheques because of fraud of signatures.
Can you issue blank cheques?
The answer is a BIG NO. DO NOT issue cheques to anyone that does not contain a cheque value.
Do Waitrose accept cheques?
No. Asda stopped taking cheques on the 1st January 2007. Sainsbury stopped taking cheques on the 1st August 2007. Tesco stopped taking cheques on the 25th February 2008.
Why to use check?
You use cheques as a a substitute for cash when you don't have enough cash in hand. You can use cheques at banks, shops etc. Cheques are negotiable instruments that can be treated at par with cash.
What currency does Gambia use and what travellers cheques will they accept?
Can I use Thomas cook travellers cheques in the Gambia
