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What is Check book?
A cheque book is booklet of cheque leaves or in simple terms a booklet of individual cheques. These cheques can be used by the customer who owns them to pay other people. The customer will sign on his cheque and fill-up the amount and give to people who he has to pay like his grocery bill or his telephone bill.
What is a purpouse of a check?
A cheque is a written 'promise' from the issuers bank to the recipients bank to pay for goods or services on behalf of the customer.
What is good for payment cheque?
Bank gives surety or guarantee to pay the money to beneficiary of the cheque endorsed by bank. Customer (drawer) has to pay certain charge to make a cheque Good for Payment. The payable amount is segregated from the balance to reserve once it endorse. This cheque is authorized by the banker to be Good for Payment. Customer can request bank to prepare manager's cheque, cashier's cheque, banker's cheque or cheque on selves instead of good for payment
What is dishonored cheque?
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.
Difference between pay order and cheque?
A pay order, is a banker's or cashier's cheque. It is guaranteed to be paid by the bank and is the preferred method of payment for larger purchases such as cars and homes. A cheque is written directly on a customer's account and is not guaranteed by the bank.
What is the homonym for cheque?
The homonym for "cheque" is "check." "Cheque" is the British English spelling, while "check" is the American English spelling. Both words refer to a written order directing a bank to pay money.
Meaning of paying banker?
the banker on whom a cheque is drawn or the banker who is required to pay the cheque drawn on him by a customer is called the paying banker or drawee bank
Can a collection agency garnish your pay check?
No a collection aggency cannot garnish a pay cheque
What is the homophone of the work check?
The homophone for "check" is "cheque." Both are pronounced the same way but have different spellings and meanings, with "check" commonly referring to verifying something while "cheque" is a written order to a bank to pay a specified amount.
If check is returned who is responsible?
In most cases, it is the person who issued the cheque. It is his responsibility to ensure that he has sufficient funds in his account to pay the cheque.
Are you allowed to pay cheque to be a member on Club Penguin?
yes you can pay with check to be a member on club penguin
Who are the 3 parties to a check?
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.
