Wednesday, 20 June 2018

VARIOUS TYPES OF CHEQUES

Checque is an unconditional order a banker addressed to a banker, signed by the person who has deposited money with a banker, requesting him to pay on demand a certain sum of money only to the order of the certain person or to the bearer of the instrument.



TYPES OF CHEQUES

  1.  Bearer cheque
  2. Order cheque
  3. Crossed cheque
  4. Account payee cheque
  5. Company crossed cheque
  6. Stale cheque
  7. Post dated cheque
  8. Anti dated cheque
These are the different types of cheques.