What is the full meaning of cheque?
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A cheque, or check (American English; see spelling differences), is a document that orders a bank (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.
What does an open cheque mean?
An open cheque is a cheque that is not crossed on the left corner and payable at the counter of the drawee bank on presentation of the cheque.
What is plaint meaning in Tamil?
Lament, Lamentation, Wail.
What is the order cheque?
The order cheque is the one wherein the word bearer is canceled on the cheque. As the word bearer gets canceled the cheque automatically becomes an order cheque. An order cheque is paid to the payee across the bank’s account. The identification of the payee is insisted on by the bank while presenting an order cheque.
What money order means?
A money order is a certificate, usually issued by a government or banking institution, that allows the stated payee to receive cash on demand. A money order functions much like a check, in that the person who purchased the money order may stop payment.
What is the difference between open and closed cheque?
The main difference between open cheque and closed cheque is at security level. open cheque is not secured but in closed cheque is highly security level and this type of cheque is very famous in business world.
What are different types of cheque?
The ten types of cheques include:
- Bearer Cheque. A bearer cheque is the type of cheque that allows the person bearing or carrying the cheque to the bank to receive the payment specified on the cheque.
- Order cheque.
- Crossed cheque.
- Open cheque.
- Post-dated cheque.
- Stale cheque.
- Traveller’s cheque.
- Self cheque.
What is plaint in CPC?
A plaint is a legal document which contains the written statement of the plaintiff’s claim. A plaint is the first step towards the initiation of a suit. In fact, in the very plaint, the contents of the civil suit are laid out.
How do I make an order cheque?
When writing an order cheque you will have to have the printed words ‘bearer’ cancelled and the name of the company or person you have ordered to withdraw the cheque. When order cheques are presented most banks may ask for proof of identity, this is to ensure that the money is paid to the right person.