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When is a check considered paid?

A cheque is considered paid when the person to whom the cheque was issued deposits it in a bank and receives the cash due against the cheque.


Can you consider a cheque as a cash?

In Australia a cash cheque is the closest you can come to cash However a crossed check is definitely not cash.


How do you treat a bearer cheque in cash book?

how bearer cheque posting in cash book


Can you cash a cheque made out to cash at any bank?

I have been given a cheque made out for CASH am I able to cash it at any bank


Where can you cash a personal cheque with cheque guarantee card?

you can cash at Money shop, H & T, and cash generator


What is the definition of a cash cheque?

An open cheque or a cash cheque is one that can be taken to the bank that issued the cheque and converted to cash right away. The bank will ask proof of identity from the person cashing it to ensure that they are paying the correct person to whom the cheque was issued to


What is Cheque Swapping?

exchange of cash or its equialent against cheque


Is the correct grammar 'cashing' a check or 'cash in' a check?

The correct grammar is 'cashing' a cheque, or to 'cash' a cheque.


What will be the entry in cash book when cheque is paid to bank?

There will be no entry in cash book when cheque is paid into bank if cash was deposited into bank then there will be entry in cash book


What is a dishonor check?

A Cheque is considered a dishonored if the bank account of the person who issued it does not have enough cash to pay for it. Let us say you issued a cheque to a friend for $1000 and your account has only $600 then the cheque would be dishonored.


Did you pay by cheque or .. cash?

in


How long is a check good for before you cant cash it?

Currently in india, the validity of cheques is 3 months from the date mentioned on the cheque. Any cheque that is older than 3 months is considered a stale or invalid cheque and is worthless. For ex: If I give you a cheque on 1st of May 2013, it will be valid till 31st of July 2013. If you do not cash the cheque before 31st July 2013, the cheque is worthless. Even if you manage to deposit the cheque in your bank, it will come back with no money.