what is cheque? how it is helpful to the consumer?
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hey mate here is ur answer...
A cheque which is payable by abank itself, as opposed to an ordinary cheque payable only out of the funds of a particular customer's account. A bank cheque is normally obtained by a bank customer (by paying its face value), the point is that the person receiving the cheque has the security of knowing it's payable by the bank and thus cannot bounce (not so long as the bank is solvent). .
yes ofcourse it id helpful to the consumer.
plz mark as brainlist to my answer.✌️✌️
A cheque which is payable by abank itself, as opposed to an ordinary cheque payable only out of the funds of a particular customer's account. A bank cheque is normally obtained by a bank customer (by paying its face value), the point is that the person receiving the cheque has the security of knowing it's payable by the bank and thus cannot bounce (not so long as the bank is solvent). .
yes ofcourse it id helpful to the consumer.
plz mark as brainlist to my answer.✌️✌️
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