Question

Which type of cheque is used to receive money physically from the branch where you hold the account?

Answer 1

Answer:

A self cheque is written by the account holder as pay self to receive the money in the physical form from the branch where he holds his account. It comes under bearer cheque where instead of writing the name, the account holder writes “self” to receive money physically from the branch where he holds the account.20-Sep-2020