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A cheque is a financial instrument that instructs a bank to pay a specified amount of money from the account of the cheque writer to the person or entity named on it. In contrast, a receipt is a document that acknowledges the receipt of payment or goods, serving as proof of a transaction. While a cheque is used to initiate payment, a receipt confirms that payment has been made.
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Difference between ordinary cheque and micr cheque?
hfcuyhalj,nx
What is the difference between a crossed cheque and account payee's cheque?
They both mean the same
What transaction does cheque butt and receipt represent?
A cheque butt and receipt represent a financial transaction involving the payment of funds. The cheque butt serves as a record of the cheque issued, detailing the amount, date, and payee, while the receipt confirms the receipt of payment by the recipient. Together, they provide documentation for both the payer and payee, ensuring accountability and tracking of the transaction.
What is the difference between a withdrawal form and a cheque?
you spell it different
You need to know the difference between a bank book and a cheque?
I do know the difference. What is your question?
What is the difference between A current account and a cheque account?
what is difference between a current account and a cheque account
Difference between ordinary cheque and micr cheque?
hfcuyhalj,nx
What is the difference between a crossed cheque and account payee's cheque?
They both mean the same
What transaction does cheque butt and receipt represent?
A cheque butt and receipt represent a financial transaction involving the payment of funds. The cheque butt serves as a record of the cheque issued, detailing the amount, date, and payee, while the receipt confirms the receipt of payment by the recipient. Together, they provide documentation for both the payer and payee, ensuring accountability and tracking of the transaction.
What is the difference between a bill and a receipt?
a bill is what you owe and a receipt is what you gave.
What is the difference between endorsement and indorsement of a cheque?
None.
How can you get premium receipt of LIC policy?
You can get premium receipt against payment made both online and over counter.When payment of premia is made by cheque, the premium receipt inscribes the clause '...subject to realisation of cheque.'
What is the difference between a withdrawal form and a cheque?
you spell it different
You need to know the difference between a bank book and a cheque?
I do know the difference. What is your question?
What is the difference between cheque and check?
The difference is just the spelling. they both mean the same...
What is the difference between cheque and voucher?
Cheque is both securities and payment instrument. Voucher is only securities. From securities point of view they are the same and have the same meaning. Cheque has larger scope.
Difference between unpresented check and stale check?
An unpresented cheque is one that hasnt been presented for payment yet. A stale cheque is one that has expired.
