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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

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What is the definition of the word cashed?

The word cashed means that the value of something has been turned into cash. For example, if a cheque is cashed, the cheque has been handed over and the person now has the cash value of it in money.


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 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


Is a cheque considered cash?

NO


Did you pay by cheque or .. cash?

in


What is the source document for the cash payments journal?

Cheque


Differences between cross and open cheque?

A cross cheque means, the cheque can be deposited in account only, while an open cheque means, the the bearer can withdraw cash. Cross cheque means cheque amount only paid to bank account open cheque cash withdrawal by parties