In today’s digital age, printed cheques still hold immense value in India. Printed cheques are safe, reliable, and legally recognized, making them crucial for financial transactions. With their professional appearance and easy record-keeping, they offer convenience to both individuals and businesses. Printed cheques are widely accepted and trusted by everyone, …

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Traveler’s Cheque (also spelled as “Traveller’s Check” in some countries) is a preprinted, fixed-amount, and secure financial instrument used by travelers as a form of payment for goods and services while traveling. It was first introduced in the 19th century as a safer alternative to carrying cash during travel. A …

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A self-cheque is a cheque issued by an account holder to themselves. It is also known as a self-drawn cheque. The purpose of a self-cheque is to withdraw cash from one’s own account or to transfer money from one’s own account to another account held by the same person. Example …

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A banker’s cheque, also known as a cashier’s cheque or bank draft, is a type of cheque that is issued by a bank or financial institution and guaranteed by them. It is a secure method of payment as the funds are deducted from the bank’s account, rather than the account …

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A post-dated cheque is a cheque that has a future date written on it, instead of the current date. This means that the cheque cannot be cashed or deposited until the date written on the cheque has passed. Post-dated cheques are often used to pay for goods or services that …

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A crossed cheque is a type of cheque that has two parallel lines drawn across the top left-hand corner, which indicates that it can only be deposited into a bank account and not cashed over the counter. The purpose of crossing a cheque is to make it more secure by …

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An open cheque is a type of cheque that is not crossed or marked with specific instructions such as “account payee only” or “not negotiable”. It can be cashed at any bank or financial institution and can be used by the payee to withdraw cash or deposit it into their …

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An order cheque is a type of cheque that is issued by an account holder to pay a specific person or organization a fixed amount of money. The cheque is only payable to the person or organization named on the cheque, which means that it cannot be cashed by anyone …

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