Question

what are the main features of a banker cheque pay order
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Answer 1

Answer:

Features of a Banker's Cheque

A banker's cheque also contains some security features such as a watermark, security thread, colour-shifting ink and a special bond paper. All these features make the cheque more secure to counterfeit items.

Answer 2

Explanation:

Essential characteristics of a cheque. ... It contains an unconditional order to pay: A cheque cannot be drawn so as to be payable conditionally. The drawer's order to the drawee bank must be unconditional and should not make the cheque payable dependent on a contingency. A conditional cheque shall be invalid

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