Social Sciences, asked by kiwi20, 9 months ago

what is the cheque ? what are the advantages??​

Answers

Answered by satyavathilamps
4

Answer:

pls mark as brainliest

CHEQUES ARE THE FUNCTIONAL PAPER WHICH ARE FOLLOWED BY SEVERAL BANKS AND EASY AND CONVENIENT METHOD TO TRANSFER OR GET MONEY. ADVANTAGES OF CHEQUE;- 1-WE CAN PAY WITHOUT USING CASH. 2-SECURE AND SAFE PAYMENT POLICY. 3- EASY TO HANDLE AND PORTABLE                                                                                         .Advantages of cheques.                                                                                           A cheque is a traditional payment method that employs the use of a paper document to make a payment transaction. It is a trusted form of making payments as only the recipient named is able to cash the cheque at a financial institution, provided that they prove their identity.

Answered by assutishshembade
8

a piece of paper printed by a bank that you sign and use to pay for things

●Advantages of 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.

I Hope it helps you......

Similar questions