Open Cheque

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Open Cheque

A check that must be paid upon presentation at the drawee bank. It contrasts with a crossed check.
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References in periodicals archive ?
Hotel staff have also come across handcuffs, signed open cheques and a pounds 250,000 diamond ring, the survey of 200 AA hotels revealed.
"I was not going to get involved in a way that would just throw open cheques at the situation.
Answering questions from the media Mr Kaminchia said on 7 March that KCB would continue to accept open cheques. "As far as KCB is concerned, the incidence of fraud involving cheques is not significant enough to warrant a review of our policy on open cheques," he says.
'Instead of transferring these funds to police units, the same were withdrawn from this account through bearer cheques and subsequently embezzled,' it alleged adding that four police officers former AIG Tanveer Hussain Tahir, former AIG Syed Fida Hussain Shah, former AIG Kamran Rashid and former AIG Faisal Bashir Memon signed the cheques, illegally withdrew the feeding charges through bearer or open cheques and aided, abetted, assisted and acted in conspiracy with former IG Ghulam Haider Jamali.