what is cheque explain it
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A cheque) is a document that orders a bank to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued. The person writing the cheque, the drawer,has a transaction banking account(often called a current, cheque, chequing or checking account) where their money is held. The drawer writes the various details including the Monetary amount, date, and a payee on the cheque, and signs it, ordering their bank, known as the drawee, to pay that person or company the amount of money stated.
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It is a piece of paper through a person can transfer or withdraw money from his account to another person account. By filling his name an amount,and sign .
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