Cheque: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
m (Add category.)
(Add link.)
Line 14: Line 14:
* [[Cash letter]]
* [[Cash letter]]
* [[Cheque clearing]]
* [[Cheque clearing]]
* [[Cheque guarantee card]]
* [[Cheque truncation]]
* [[Cheque truncation]]
* [[Clearing float]]
* [[Clearing float]]
Line 32: Line 33:


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Cash_management]]

Revision as of 04:08, 6 November 2023

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.

Historically, cheques have been very widely used for settling debts and withdrawing money from banks.

Their use has been declining as they are replaced by electronic and card payments.


Note: US spelling of cheque is "check".


See also