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Cheque - Wikipedia A cheque (or check in American English) is a document that orders a bank, building society, or credit union, to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued
What Is Cheque - Features, Types, Pros and Cons - Razorpay A cheque is a written order instructing a bank to pay a specified sum of money from the drawer’s account to the payee named on the cheque It is a negotiable instrument under the Negotiable Instruments Act, of 1881, meaning it can be transferred to others
What is a Cheque – Types, Features, Chequebook, Advantages Cheque is a written instrument that serves as a substitute for cash It is a negotiable instrument, instructing the bank to pay a specific amount from the drawer's account to a designated payee
Cheque definition — AccountingTools A cheque is an authorization to draw funds from a bank account To do this, a cheque must state the name of the payee, the amount to be paid, and the date
What is a Cheque?: Definition, Meaning and Types - Paytm A cheque refers to a document that is used to make payments from one person’s bank account to another It instructs the bank to transfer a specific amount of money from the account holder’s account to the person or organization mentioned on the cheque
What is a Cheque? – Inspire Pearls A cheque is a legal document that acts as a negotiable instrument It serves as a written, signed instruction from the account holder to the bank, authorizing the bank to pay a certain sum of money from the drawer’s account to the person or organization named on the cheque