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A cheque is a piece of paper which has details of your bank account. Which when signed by you is an agreement by you to pay the person on whose name the cheque is drawn the amount mentioned on the cheque.

Cheques are very common and convenient means of payment used by banks.

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16y ago

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Related Questions

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 order cheque bearer cheque?

A person holding the cheque can collect the amount if it is a bearer cheque. The payee (i.e. the person in whose favour the cheque is issued) only or his authorized person only can collect the amount of the cheque if it is an order cheque


How do you check a cheque?

To check a cheque, you must check if the cheque is checked by checking the checked cheque of checking a checked cheque as a checker.


Is the correct grammar a cheque of or a cheque for?

cheque of is a right grammar!


Is a cheque also called a cheque leaf?

Yes. A Single cheque is also called a cheque leaf


What is the function of a cheque butt?

Functions of a cheque butt


When does a cheque bounce?

When either of the below happens: * Not enough funds in the account to pay the cheque * Signature of the cheque issuer does not match with the signature in the cheque * Cheque is expired (Date of cheque is before 6 months from date of deposit) * There are any over-writings in the cheque without being counter signed by the cheque issuer.


What is a copy of a cheque called?

duplicate cheque


What is cheque leaf?

Cheque Leaf means s singhal cheque of your chequebook.


What is a CAS cheque?

cas cheque


What is honoured cheque?

honoured cheque


Can a cheque be cashed before date on cheque?

No. A cheque can be cashed only on or after the date mentioned on it