A cheque, or check (American English; see spelling differences), is a document that orders a bank (or credit union) to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued. The person writing the cheque, known as the drawer, has a transaction banking account (often called a current, cheque, chequing, checking, or share draft account) where the money is held. The drawer writes various details including the monetary amount, date, and a payee on the cheque, and signs it, ordering their bank, known as the drawee, to pay the amount of money stated to the payee.
Although forms of cheques have been in use since ancient times and at least since the 9th century, they became a highly popular non-cash method for making payments during the 20th century and usage of cheques peaked. By the second half of the 20th century, as cheque processing became automated, billions of cheques were issued annually; these volumes peaked in or around the early 1990s. Since then cheque usage has fallen, being partly replaced by electronic payment systems, such as debit cards and credit cards. In an increasing number of countries cheques have either become a marginal payment system or have been completely phased out.
ask ko lang po, pwede po ba kahit saan banko magpapalit ng payroll cheque? robinson bank po kasi naka-cheque samin. gusto kolang sana malaman kung pwede ito ipapalit sa ibang banko salamat po.
First time ko po kasi. Usually kasi cash ko nakukuha ang sahod ko. Ngayon, cheque na siya kasi mag-isa daw ako sa payroll. Ang tanong ko po, pwede po bang ibang tao ang mag encash with my authorization letter or ako lang talaga kasi sa akin nakapangalan? Thank you
May Format ba kayo ng Authorization Letter especially sa Landbank kapag mag papalit ng cheque sa ibang tao?
or kahit Formal format lang authorization letter for claiming cheque?
meron akong BDO cheques
may fee pala un kung sa ibang branch i-encash
kung sakali ba na meron akong bank account sa BDO pwede ba i deposit diretso dun para walang fee?
kung sakali ba na meron akong bank account sa ibang bank, pwede ba i deposit diretso dun para walang fee?