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Banking. A cheque ( American English: check) is a document that orders a bank, building society (or credit union) to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued. The person writing the cheque, known as the drawer, has a transaction banking account (often called a current, cheque ...
Cheque (singer) Akinbi Bamidele Brett (born 23 March 1995), known professionally as Cheque, is a Nigerian rapper and singer. He rose to mainstream fame for his 2020 single "Zoom". [1] In 2021, he won an award for Best Duo African HipHop at the All Africa Music Awards alongside Fireboy DML. [2]
Cheque clearing. Cheque clearing (or check clearing in American English) or bank clearance is the process of moving cash (or its equivalent) from the bank on which a cheque is drawn to the bank in which it was deposited, usually accompanied by the movement of the cheque to the paying bank, either in the traditional physical paper form or ...
Traveller's cheques are available in several currencies such as US dollars, Canadian dollars, pounds sterling, Japanese yen, Chinese yuan and euros; denominations usually being 20, 50, or 100 (× 100 for yen) of whatever currency, and are usually sold in pads of five or ten cheques, e.g., 5 × €20 for €100. Traveller's cheques do not expire ...
Dishonoured cheque. Sign at DC Public library indicating that a returned check will be subject to a fee of US$65. A dishonoured cheque (also spelled check) is a cheque that the bank on which it is drawn declines to pay (“honour”). There are a number of reasons why a bank might refuse to honour a cheque, with non-sufficient funds ( NSF ...
A cashier's check (or cashier's cheque, cashier's order, official check; in Canada, the term bank draft is used [ 1], not to be confused with Banker's draft as used in the United States) is a check guaranteed by a bank, drawn on the bank's own funds and signed by a bank employee. [ 2] Cashier's checks are treated as guaranteed funds because the ...
Certified check. A certified check (or certified cheque) is a form of check for which the bank verifies that sufficient funds exist in the account to cover the check, and so certifies, at the time the check is written. Those funds are then set aside in the bank's internal account until the check is cashed or returned by the payee. Thus, a ...
Under American law, a blank cheque is an example of an " incomplete instrument " as defined in the Uniform Commercial Code 's Article 3, Section 115 (a). [ 1] Writing an amount in a blank cheque, without the authority of the signer, is an "alteration". [ 2] It is legally equivalent to changing the numbers on a completed (non-blank) cheque.