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Bookmark or Share- Check: What It Is, How Bank Checks Work, and How to Write OneA check is a written, dated, and signed draft that directs a bank to pay a specific sum of money to the bearer. Checks instruct a financial institution to transfer funds from the payor’s...
- What is a Cheque? definition, parties and types - Business ...Definition: Cheque refers to a negotiable instrument that contains an unconditional order to the bank to pay a certain sum mentioned in the instrument, from the drawer’s account, to the person to whom it is issued, or to the order of the specified person or the bearer.
- Cheque - WikipediaA cheque is a negotiable instrument instructing a financial institution to pay a specific amount of a specific currency from a specified transactional account held in the drawer's name with that institution. Both the drawer and payee may be natural persons or legal entities.
- What is Cheque - Features, Types, Cheque Number - GrowwA cheque is an instrument with an unconditional order in writing, addressed to the bank to pay a specific sum of money to the bearer or to the person or entity named as the payee. A cheque can be issued for a current account or a savings account and can be used to deposit or pay money to other people through the bank account.
- What is Cheque: Different Types of Bank Cheques | HDFC BankA cheque is a document you can issue to your bank, directing it to pay the specified sum mentioned in digits as well as words to the person whose name is borne on the cheque. Cheques are also called negotiable instruments.
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