what is the difference between account payee cheque and bearer cheque
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The bearer cheque does not contain the name of the payee and is payable to the person who presents it at the bank. The person who finds it can go to the bank and collect the money. In case of crossed cheque the amount is directly credited to the bank account of the payee.
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bearer cheque does not contain name of the payee and it payable to the person who present at the bank .the person who found To go to the bank and collect the money .In the case of crossed cheque the amounts is credited to the bank account of payee
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