Cheque is a negotiable instrument containing conditional order to pay sum of money to the person mentioned on it or to the bearer of the instrument.
Crossing on Cheque: Two parallel lines drawn on the top left corner of the cheque.
Account payee cheque: Account payee cheques can be routed only through accounts.
Post dated cheque: The date on the cheque beyond today’s date then cheque becomes post dated.
Stale cheque: Cheque is valid for 3 months. If the date on the cheque is before 3 months, then the cheque becomes stale cheque.
Mutilated cheque: It is a damaged cheque.
At Par cheque: It is payable anywhere in India.
Multi city cheque: A cheque which is payable in any branch of a particular bank.
Crossing on Cheque: Two parallel lines drawn on the top left corner of the cheque.
Account payee cheque: Account payee cheques can be routed only through accounts.
Post dated cheque: The date on the cheque beyond today’s date then cheque becomes post dated.
Stale cheque: Cheque is valid for 3 months. If the date on the cheque is before 3 months, then the cheque becomes stale cheque.
Mutilated cheque: It is a damaged cheque.
At Par cheque: It is payable anywhere in India.
Multi city cheque: A cheque which is payable in any branch of a particular bank.
No comments:
Post a Comment