Question

Difference between multi city cheque and normal cheque

Answer 1

A multi-city cheque or MCC is a cheque which can be written by a customer in favour of his client which is payable at all the branches of the bank.

A normal cheque is a kind of a bill issued by the drawer. He entrusts the bank which deals with cheque deposit business to unconditionally pay a particular sum of money to the bearer of the cheque.

Answer 2

 A Multi city cheque is  the type of cheque which is written directly by the customer  which can be payable in every branch of that particular branch . This is only done for the genuine transaction . For the issue of cheque there are charges that are debited from the account.

While the normal cheque  is issued by the bank on your demand . when you give the money to the bank they issue .the cheque also known as banker's cheque. It is actually the banker's draft.