cheque

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Check

A document in which the writer orders his/her bank to pay to the receiver of the check a stated amount of money. For example, Joe may write Andrew a check for $10. In doing so, Joe is signing a document stating that he wishes to give Andrew $10, that it is available in Joe's bank, and Andrew can receive it from there. Andrew can either go to Joe's bank, present the check, and collect $10, or he may go to his own bank to deposit the check into his own account. In that case, Andrew's bank contacts Joe's bank and collects the $10 that way. Checks can be for any amount. See also: Check hold.

cheque

a means of transferring or withdrawing money from a BANK or BUILDING SOCIETY current account. In the former case, the drawer of a cheque creates a written instruction to his bank or building society to transfer funds to some other person's or company's bank or building society account (the ‘payee’). In the latter case, money may be withdrawn in cash by a person or company writing out a cheque payable to themselves. See COMMERCIAL BANK.

cheque

a means of transferring or withdrawing money from a BANK or BUILDING SOCIETY current account. In the former case, the drawer of a cheque creates a written instruction to his or her bank or building society to transfer funds to some other person's or company's bank or building society account (the ‘payee’). In the latter case, money may be withdrawn in cash by a person or company writing out a cheque payable to themselves. Cheques may be ‘open’, in which case they may be used to draw cash, or ‘crossed’ with two parallel lines, in which case they cannot be presented for cash but must be paid into the account of the payee. See COMMERCIAL BANK.
References in periodicals archive ?
By doing this, the listed companies stop sending the cash dividends to its shareholders through bank cheques, which was the same system used by the majority of companies.
After amending in prevailing laws, speedy justice would be ensured as prosecutors to issue the receipt of fee received from their litigants or pay fee to prosecutors through bank cheques.
FROM 2006 to 2008, former Paphos municipal councillor Yiorgos Michaelides (DISY) was the beneficiary of three bank cheques worth a total of 27,000 Cyprus pounds (e1/445,900) from one of the companies awarded a contract for the town's sewerage system, a criminal court heard on Thursday as the Paphos Sewerage Board (SAPA) trial got underway.
The bank cheques are issued based on the rate of 3.
Various companies pay excise duty by ways of bank cheques or cash and these comprise the total collections.
E-conveyancing will be more convenient for time poor Queenslanders by eliminating their need to attend settlements in person to exchange bank cheques and paper documents.
Summary: The Central Bank of the UAE will implement the Direct Debit System from June 15, to phase-out post-dated bank cheques in order to make payments to banks and financial institutions.
They wanted me to sign some forged bank cheques and upon my denial they beat me and ransacked the office,".
The Arab Lab for Technical Inspection (ALTI) said the typical modus operandi in such cases involving millions of dirhams involves forging signatures, payment amounts or due dates on bank cheques so that they bounce, landing the victims behind bars.
Rupert Mayo, for Mrs Foster, said: "It is perhaps common knowledge that Barclays Bank cheques are blue.
International members US funds only; US domestic checks, international money order, or foreign bank cheques.
Leeds-based Communisis produces transactional documents, such as bank cheques and statements and bills, and has developed the largest facility of its kind in Europe on the site which will complement their other facilities in Manchester, Crewe, Bath, Leicester, Newcastle and Lisburn, Northern Ireland.