Question

What is bearer cheque?

Answer 1

Explanation:

A bearer cheque can be used to be payable as Cash or bearer with a specific name. ... The cheque is payable over the counter to the bearer or the presenter of the cheque by the drawee bank. A bearer cheque can be transferred to another person.

Answer 2

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What is a Bearer Cheque? A bearer cheque can be used to be payable as Cash or bearer with a specific name. ... The cheque is payable over the counter to the bearer or the presenter of the cheque by the drawee bank. A bearer cheque can be transferred to another person.