Cheques
A cheque is a document instructing the bank to pay somebody else a sum of money. It is a way of making a payment without using cash.
Basic features
When an account holder (the drawer) writes a cheque, he or she gives the bank (drawee) an order to pay another person or company (payee or bearer) a certain amount of money
Types of cheques
What different types of cheques are there? Which are most frequently used?
Unpaid cheque
What happens if a cheque is unpaid, lost or stolen?
FREQUENTLY ASKED QUESTIONS
Do cheques expire?
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How long does it take for a cheque to clear
Read answeraboutHow long does it take for a cheque to clear