Question

one can withdraw money in cash or make payments by _____​

Answer 1

Answer:

A cheque is a kind of payment that allows for cash withdrawals from a bank account.

Explanation:

• A cheque is a piece of paper that you can provide to your bank telling it to give the stated amount in words and numbers to the person whose name is written on the check.
• The term "negotiable instrument" also applies to cheques.
• Despite their popularity, crossed and blank cheques are not the only kinds of cheques you can write.

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Answer 2

Answer:

A cheque is a type of payment that enables bank account cash withdrawals.

Explanation:

• An explanation of a check is provided here. A check is a piece of paper that you can provide to your bank instructing it to pay the person whose name is written on the check the stated amount in words and figures.

• Cheques are considered to be "negotiable instruments" as well.

• Contrary to popular belief, there are other types of checks besides crossed and blank ones.

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