Question

in what ways have chaks exchange of money more convidents ​

Answer 1

Cheque deposited into a bank account enables one to transfer the money into another account. They made exchange of money more convenient. They becomes valid when the owner sign is present. The money can be transferred directly to our account if we redeem the cheque.

Hope it's help you

Answer 2

Answer:

Explanation:

Cheques: are widely used for making payments and receiving money. One can give money by writing a cheque in their name. Cheques are easy to carry and can be posted

through the post to a different city. It can also use to transfer money electronically

into the other persons account. For business purposes, where money is

frequently received and paid, cheques are very important as a medium for

transactions.