It is a written agreement from you stating that the amount written is payable to whomever receives it. It really isn't money, just a way of transfering it.
No a cheque cannot be considered as money. There is no surety whether it will honor or not. Cheque will be subject to realization.
A cheque is an unconditional order to the Bank by its customer ( account holder) to pay a sum of money to a person named in the order, if the cheque is drawn ( written) correctly. If such a cheque is presented to the banker, and if the order is not honoured by the banker, then the such a cheque is known is dishonoured cheque.
Cheque Bounce refers to the situation wherein, your bank account does not have enough money to pay the cheque that was issued by you.Let us say, you have issued a cheque for Rs. 12,000/- to your friend and he deposits the cheque into his account. On the day, this cheque comes for clearance to your bank account you have only Rs. 5,000/- which means you do not have enough funds to honor the cheque. Hence your cheque would bounce. Which means: No money would be paid for the cheque.Note: Cheque bounce is an offense and the bank and/or the cheque receiver can prosecute you.
no bond is not an optional money. A cheque can be a form of optional money.
Dishonored Cheque means - a cheque that was submitted/deposited for payment was rejected and no money was paid. A cheque may be dishonored due to a variety of reasons. Some of them are: a. The signature of the cheque issuer does not match bank records b. There is not enough money in the issuers bank account to pay for the cheque c. There is overwriting in the cheque and is not duly counter-signed d. The amount in numbers and amount in words does not match e. The cheque is very old and expired (more than 90 days old)
A cheque can be used to transfer money. It is a way of giving money to others.
The homophone for an order for money is a "check" and "cheque." Both spellings are correct depending on the region.
No a cheque cannot be considered as money. There is no surety whether it will honor or not. Cheque will be subject to realization.
The homophone you are referring to is "halt" and "halt." "Halt" means to bring something to a stop, while "hault" refers to payment of money.
If you want to use the cheque and withdraw money then the max duration is 6 months from the date of issue of the cheque.
check, cheque
A homophone of a payment of money is "cents."
A cheque is an unconditional order to the Bank by its customer ( account holder) to pay a sum of money to a person named in the order, if the cheque is drawn ( written) correctly. If such a cheque is presented to the banker, and if the order is not honoured by the banker, then the such a cheque is known is dishonoured cheque.
A cheque is an order, "pay such-and-such an amount to the name of...". It is an order for a bank to pay it. I guess that if I extend a cheque in your name, the three parties are the one who extends the cheque (I in the example), the one who will receive the money (you in the example) and my bank.A cheque is an order, "pay such-and-such an amount to the name of...". It is an order for a bank to pay it. I guess that if I extend a cheque in your name, the three parties are the one who extends the cheque (I in the example), the one who will receive the money (you in the example) and my bank.A cheque is an order, "pay such-and-such an amount to the name of...". It is an order for a bank to pay it. I guess that if I extend a cheque in your name, the three parties are the one who extends the cheque (I in the example), the one who will receive the money (you in the example) and my bank.A cheque is an order, "pay such-and-such an amount to the name of...". It is an order for a bank to pay it. I guess that if I extend a cheque in your name, the three parties are the one who extends the cheque (I in the example), the one who will receive the money (you in the example) and my bank.
Cheque Bounce refers to the situation wherein, your bank account does not have enough money to pay the cheque that was issued by you.Let us say, you have issued a cheque for Rs. 12,000/- to your friend and he deposits the cheque into his account. On the day, this cheque comes for clearance to your bank account you have only Rs. 5,000/- which means you do not have enough funds to honor the cheque. Hence your cheque would bounce. Which means: No money would be paid for the cheque.Note: Cheque bounce is an offense and the bank and/or the cheque receiver can prosecute you.
no bond is not an optional money. A cheque can be a form of optional money.
you can cash at Money shop, H & T, and cash generator