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 In the latter case, money may be withdrawn in cash by a person or company writing out a cheque payable to themselves.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 In the latter case, money may be withdrawn in cash by a person or company writing out a cheque payable to themselves.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 ?
The American Express Travellers Cheque Card is the first prepaid, reloadable travel money card in the UK and this new arrangement provides easyJet customers with a new, convenient service to help make the planning of their journey on www.
The Travellers Cheque Card is the next generation for cheques - easy and convenient, but just as safe.
APACs offers a 50 [pounds sterling] reward for every captured cheque card offered fraudulently.
Convenience: You will have to order the cheque books, carry them and a special cheque card with you and write out a cheque in front of the shopkeeper.
In addition to the 116-year old American Express Travelers Cheque - the preeminent brand welcomed worldwide - the Company issues other prepaid products including the Travelers Cheque Card, Cheques for Two, Gift Cards, Gift Cheques, and a range of corporate incentive prepaid products through American Express Incentive Services.
FNB further encourages electronic banking through its Mobile Pricing Option, which includes unlimited Cheque Card swipes when you shop, two free ATM cash withdrawals per month as well as free subscriptions and unlimited electronic transactions on Online Banking and the FNB Banking App.
QMy daughter got hold of my cheque book and cheque card and, forging my signature, made cheques out to herself to the value of about pounds 3,400.
The attacker threw the 71-year-old to the floor and took her black canvas bag, containing pounds 35 and her cheque card.
Norman Parker, chairman of the Warwickshire Retail Crime Initiative, said: "Credit and cheque card fraud is the fastest growing crime in the country at the moment.
Eleven years ago I was nearing the end of an 18-month sentence for cheque card fraud when my younger sister was taken ill.
Nottingham Crown Court heard how she was caught in a supermarket in Mansfield, Notts, using cheques and a cheque card reported stolen in a bogus burglary.
He said the scam went on between 1993 and 1999 and that the fraudsters exploited a weakness in the system because people did not have to produce a cheque card when obtaining a licence.