Social Sciences, asked by chinmayeecm2006, 12 hours ago

how cheque is used in the payment

Answers

Answered by akanksha88221

2

Answer:

It is printed for the drawing bank to give to an account holder—the payor—to use. The payor writes the check and presents it to the payee, who then takes it to their bank or other financial institution to negotiate for cash or to deposit into an account.

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