Cheque: Difference between revisions
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imported>Doug Williamson (Linked to The Treasurers Handbook - Payments and payment systems) |
imported>Doug Williamson (Add link.) |
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* [[Drawer]] | * [[Drawer]] | ||
* [[Electronic check]] (US) | * [[Electronic check]] (US) | ||
* [[Magnetic ink character recognition]] | |||
* [[Mail float]] | * [[Mail float]] | ||
* [[Money order]] | * [[Money order]] | ||
Revision as of 06:33, 17 June 2016
A written order from one party (the drawer) to another (the drawee, normally a bank) requiring the drawee to pay a specified sum on demand to the drawer or to a third party specified by the drawer.
Cheques are widely used for settling debts and withdrawing money from banks.
Note: US spelling of cheque is "check".
