what is check? what are the advantage?
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Advantages of making payments by cheque
It is more convenient than carrying cash around. Payments can be stopped if necessary. Cheques are safer if crossed. One does not have to count notes and risk making counting mistakes. A cheque can be drawn up anytime.
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A check is a written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer. ... Checks are generally written against a checking account, but they can also be used to negotiate funds from a savings or other type of account.
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