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Usually Cheques issued by banks have a city associated with them. For ex: if I give you a cheque from my bank account in Chennai, India, and you want to deposit it in your account in Delhi, India, it is an outstation cheque and your bank will charge you a fee for cashing that cheque. Usually around Rs. 50/-
If my bank has given me a multicity cheque - it means that when you deposit it in Delhi, your bank will not charge you this cheque cashing fee because my check is the same irrespective of which city in India it is cashed.
What else can I help you with?
What are personalised cheques?
When you order cheques/checks and have your name/address/phone number imprinted along with your bank name and account number on them, the cheques/checks are considered to be "personalised". ASAP Cheques/ASAP Checks Bank quality cheques/checks without bank prices, ready to ship in 24 hours.
Why did shops stop taking cheques?
they have stopped taking cheques because of fraud of signatures.
Who can cross the cheques?
The person issuing the cheque
What are the advantages and disadvantages of e-cheques?
they are good
What is the fullform of lbd cheques?
Local Bill discount cheque.
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 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.
What is the meaning of Non Micr cheques?
Defination for NON-MICR CHEQUES
What are personalised cheques?
When you order cheques/checks and have your name/address/phone number imprinted along with your bank name and account number on them, the cheques/checks are considered to be "personalised". ASAP Cheques/ASAP Checks Bank quality cheques/checks without bank prices, ready to ship in 24 hours.
How long does it take to clear travellers cheques?
travellers cheques do not have to be cleared, this only applies to regular cheques. travellers cheques are bought up front from a bank, so it is guaranteed cash to the person you are dealing with. If you should lose them or are stolen, the cheques are insured, so you will get your money back in a reasonable amount of time.
Why did shops stop taking cheques?
they have stopped taking cheques because of fraud of signatures.
Can you issue blank cheques?
The answer is a BIG NO. DO NOT issue cheques to anyone that does not contain a cheque value.
Do Waitrose accept cheques?
No. Asda stopped taking cheques on the 1st January 2007. Sainsbury stopped taking cheques on the 1st August 2007. Tesco stopped taking cheques on the 25th February 2008.
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
Does Amazon take cheques?
No.
