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 …

Dec 30, 2024 · Learn about cheques, their meaning, features, and different types. Understand the advantages and disadvantages of using cheques in modern financial transactions.

Oct 2, 2025 · What are Common Types of Cheques? Common types of cheques include bearer cheques, which can be cashed by whoever holds them, and order cheques, which are payable only …

While everyday transactions requiring immediate payment were conducted in dollars, either in coin, banknotes or credit notes (serving as cheques), book-keeping was frequently done in local pounds.

CHEQUE definition: a bill of exchange drawn on a bank by the holder of a current account; payable into a bank account, if crossed, or on demand, if uncrossed See examples of cheque used in a sentence.

A cheque is a printed form on which you write an amount of money and who it is to be paid to. Your bank then pays the money to that person from your account. I'd like to pay by cheque. 2. See also …

Apr 16, 2025 · Discover the cheque meaning, key features, and different types of cheques like bearer, order, and post-dated cheques in this guide on types of cheques.