Economy, asked by palak9410, 1 year ago

what is cheque ? how payments made with cheques

Answers

Answered by rishabmodi99
5

The person writing the cheque, known as the drawer, has a transaction banking account (often called a current, cheque, chequing or checking account) where their money is held. ... In some countries, such as the US, the payee may endorse the cheque, allowing them to specify a third party to whom it should be paid

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