A cheque is a written order to a bank to pay money., A cheque is the same as cash., The drawer is the person who writes the cheque., The payee is the bank manager., A cheque must be signed to be valid., The signature gives the bank permission to pay., The amount should be written only in numbers., The amount in words and numbers should match., If there is a difference, banks usually check carefully before paying., The cheque number helps track the cheque., A cheque can be written without having a bank account., The date shows when the cheque was written., A post-dated cheque can be cashed before its date., A crossed cheque must be deposited into a bank account., A bearer cheque can be cashed by anyone who holds it., Crossing a cheque makes it more secure., Erasing information on a cheque is always acceptable., A stale cheque may be refused after several months., The bank name usually appears at the top of the cheque., The payee’s name is written after “Pay to”..
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