Thursday, 1 September 2016

Contents of a Cheque:


  • Date: The date is written on the top right hand corner of the cheque. A cheque has to be presented to the bank within six months of the mentioned date on the cheque. If not the cheque will be a stale cheque and it will be dishonoured.
  • The Drawee: This is the bank on which the cheque is drawn. This is printed on the cheque and helps when queries arise.
  • The Branch Code Number: This appears on the top right hand corner and at the bottom of the cheque.
  • The Payee’s Name: This is written on the top line of the cheque.
  • Amount: The amount should be written in words and in figures. The amounts should be the same. If not the cheque will be dishonoured.
  • The Drawer’s Name: This is printed or written at the bottom of the cheque.
  • The Drawer’s Signature: The drawer’s signature should appear below the drawer’s name. If the signature is not the same as the specimen signature given to the bank, the cheque will be dishonoured.
  • The Cheque Number: This appears at the bottom left hand corner of the cheque.
The Account Number: The cheque number also appears at the bottom of the cheque. This helps in the automatic handling of cheques

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