answersLogoWhite

0

Why do people use cheques?

Updated: 9/13/2023
User Avatar

Wiki User

16y ago

Best Answer

so u dont get ripped outta money

User Avatar

Wiki User

16y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why do people use cheques?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

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


What is chequebook?

it's a book for writing cheques to people


Can you use cheques in different order than numbers on cheque?

Yes, you can use them in any order you like. Let's say you have Cheques with numbers 500001 to 500050 in your booklet, you can first use 500050 and then use 500024 and then come back to 500001. no one will ask you why you are doing so. That's because it is your cheque booklet and you can use the Cheques in any order you want.


Which shops in UK still accept cheques?

Not many. Most people now use credit/debit cards, or cash for smaller items.


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


Why cheques are not considered as part of money supply?

what is a cheques


Can you look at cheques from a closed bank account?

Oh Yes. You can always look at the Cheques from a closed bank account. But, if you try to use them - then it becomes a crime. Issuing/using Cheques from a closed bank account is a criminal offence and you can be fined and/or jailed for doing so.


How did people pay for things on eBay in 1995?

They sent their cheques in the post to the seller.


What is cheque book?

a cheque book is a collection of individual cheque leaf's. it may have 10 or 20 or even 50 cheques you can use these cheques to withdraw cash or make payments to others.


If i don't need cheque book so what should i do?

You need to, return all the Cheques to the bank that has issued them to you and submit a request in writing that you no longer wish to use them and the bank must destroy them. The bank will take care of destruction of the Cheques. Once you submit them to the bank, it is the banks liability or rather responsibility to ensure that they aren't available for use by other people.


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.