cheque

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Related to bank check: Cashiers check

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 In the latter case, money may be withdrawn in cash by a person or company writing out a cheque payable to themselves.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 In the latter case, money may be withdrawn in cash by a person or company writing out a cheque payable to themselves.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 customized bank checks are also a great way to differentiate a company and get its brand out in the marketplace," said Dr.
The customer was told that the certificate had been cashed out in February 2004 by his great-aunt and that two bank checks had been made payable to him and his sister, according to prosecutors.
Businessmen said wiring dollars into Cuba was impossible as all transfers were eventually cleared through the United States, where funds were blocked so that the bank checks at issue were the last means of working in dollars in Cuba.
1) The most prevalent problem in the industry, by far, centers on check fraud, but also involves other counterfeit negotiable instruments, such as traveler's checks, credit cards, certified bank checks, money orders, and currency.
With ezCheckPrinting, the business version check design and printing software, user can create unique checks by adding the company logo on the bank checks, modify the fonts, add new labels or add signature.
Hossaini said the public should use bank checks and electronic banking systems instead of cash transactions.
SJP Properties of Parsippany, New Jersey, has completed construction of a build-to-suit Regional Headquarters and state-of-the-art printing facility for Deluxe Corporation, the nation's largest printer of bank checks, in Mountain Lakes, New Jersey.