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 In the latter case, money may be withdrawn in cash by a person or company writing out a cheque payable to themselves.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 In the latter case, money may be withdrawn in cash by a person or company writing out a cheque payable to themselves.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 ?
Banks have the responsibility to instruct their customers on the importance of keeping their cheque books in safe custody, unreachable for others.
Items have been brought in Alcester, Studley, Wootton Wawen and Shipston on Stour with the cheque book.
Yesterday, a court heard how he had been struggling financially and acquired the cheque book through somebody who "he would not name.
But how does getting rid of cheque books do any of its customers a favour?
Go to any Alliance & Leicester branch with your cheque book and ask them to investigate for you, or call A&L on 0845 262626.
When it comes to bombing Iraq we have an open cheque book, yet we can't give our old folk a decent living.
Most comment on the report, both by the media and the government, has centred on the cheque book issues.
These include online balance update, cheque book request, details of last 5 transactions, statement request and verification of TIFD status in the demat account.
Limited Tenders are invited for Tender For Cheque Book Folder
But Wealleans, of Collingwood Road, Newbiggin-by-the-Sea, Northumberland, didn't learn his lesson and continued committing fraud using the cheque book.
ISLAMABAD -- Supreme Court (SC) has rejected bail pleas of two accused Muhammad Amjid, accountant of Forest college forest and Saqlain former assistant allegedly involved in withdrawal of 230 million rupees from bank through forged cheque book.
The new banking tariff announcement includes six banking activities: clients' accounts, ATM cards, statement of accounts, cash withdrawals from the branch using a coupon, cheque book issuance, or ordering checks that have already been withdrawn, and electronic banking services (internet, phone banking and ATM), Arab News cited local media as reporting.