Difference between Order Cheque and Bearer Cheque

What is difference between Order Cheque and Bearer Cheque ?

Order Cheque vs Bearer Cheque – Difference between Order Cheque and Bearer Cheque : A Cheque without any crossing is generally known as Open Cheque...
What is a Cheque - Different Types of Cheque

What is a Cheque – Definition, Types of Cheque and Features

Meaning of Cheque – Different Types of Cheque : Cheque is a negotiable instrument used to make payment in day to day business transaction...
Effect of different types of crossing on cheques

What is Effect of different types of crossing on Cheques in banking ?

Different Types of Crossing on Cheque in Banking and its effect : Cheque is a negotiable instrument. A person issue the cheque to make...
Cheque vs DD - Difference between Cheque and Demand Draft

What is the difference between Cheque and DD – Explained

Difference between Cheque and Demand Draft (DD) – Cheque and Demand Draft (DD) both are negotiable instruments. Both instruments are used for making payments....
Ante dated post dated and stale cheque differences

Difference between Stale Cheque, Ante Dated Cheque and Post Dated Cheque

Difference between Ante- date Cheque, Post Dated Cheque and Stale Cheque - We have discussed different types of cheque in our earlier articles. But...
Cancelled Cheque Definition Use Misuse

Cancelled Cheque – Use, Misuse, Sample | How to cancel a cheque?

Definition : A cheque leaf is termed as a ‘cancelled cheque’ when you strike two parallel line across it and write the word ‘cancelled’...
What is Promissory Note - Demand vs Usance PN

What is promissory note and its types- Is currency note a promissory note?

Promissory Note and Its Types – Demand Promissory Note and Usance Promissory Note : Promissory Note or PN is an instrument in writing containing...
Common Reasons for dishonour of Cheque

10 Common Reasons for dishonour of Cheque

10 Common Cheque Dishonour Reasons - We often write / issue Cheque to make payment as It is a very convenient and less risky...