order cheque with explanation
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An order cheque is a cheque where only the person or party in whose name the cheque has been drawn, can withdraw the cash. The person collecting the cheque has to give an identity proof to encash the cheque. ... The payee can transfer an order cheque to someone else by si
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Answer:
An order cheque is a cheque where only the person or party in whose name the cheque has been drawn, can withdraw the cash. The person collecting the cheque has to give an identity proof to encash the cheque. ... The payee can transfer an order cheque to someone else by signing their name on the back of it.
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