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- Dictionarycheque/tʃɛk/
noun
- 1. an order to a bank to pay a stated sum from the drawer's account, written on a specially printed form: "they presented him with a cheque for £4,000"
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Jul 4, 2018 · A cheque has three parties: Drawer: The person who signs the check and instructs the bank to pay the amount. Drawee: The bank on which the cheque is drawn or the person to whom the cheque is directed to pay the stated amount. Payee: The beneficiary, or the person to whom the money is to be given.
Jan 16, 2018 · A cheque is issued by a drawer who has a transaction banking account where his wealth is kept. The drawer is required to mention some details such as the amount, a payee, the date and a signature. Learn More: Define cheque. brainly.in/question/4526455
Dec 28, 2018 · 6. It is payable on demand: A cheque is always payable on demand. 7. Validity: A cheque is normally valid for six months from the date it bears. Thereafter it is termed as stale cheque. A post-dated or antedated cheque will not be invalid. In both cases, the validity of the cheque is presumed to commence from the date mentioned on it. 8.
Feb 20, 2023 · A cheque is a document that orders a payment of money from a bank account. It is typically used by individuals or businesses to make payments to other individuals or businesses. A cheque is typically written by the payer and includes the payee's name, the amount of money to be paid, and the date on which the cheque is written.
Aug 25, 2019 · Define cheque according to class 10 - 12015971. cutipie1424 cutipie1424 25.08.2019 Economy ...
Dec 6, 2022 · Cheque. Explanation: "a piece of paper printed by a bank that you sign and use to pay for things" Types of Crossing - General Cheque crossing; special cheque crossing; Restrictive cheque crossing; Hope this helps you dear :-) Good Luck
Feb 20, 2023 · A cheque is a written order or instruction from a bank account holder to their bank, authorizing the transfer of a specified amount of money from their account to another individual or organization. Cheques are typically used as a form of payment to settle transactions, such as paying bills or purchasing goods and services
Jul 28, 2019 · a cheque is a rectangular piece of paper which helps us to transfer money to self or anybody just by writing ur account number and ur signature with the amount of money. Advertisement malhijaspal75 malhijaspal75
Jul 30, 2018 · A cheque is a paper instructing the bank to a specific amount from the person"s account to the person in whose name the cheque has been issued . Essentials of a valid check:-♥ It must be in writing. ♥ It must certain and unconditional order to pay. ♥ It must contain an order to pay in terms of money. ♥ It must contain an order to pay a ...
Mar 26, 2018 · Hey dear your ans is here now let's discuss :-- cheque :-- cheque is a paper instructing the bank to pay a specific amount to a person from one person's account whose name has been issued on the cheque. now let's discuss the 2nd part :-- demand deposits :-- as we know that depositors deposit their money in banks but when they need the money so they withdraw their money from bank on the demands. and that is what we call demand deposits.
