cheque
Sign in to savethumb|upright=1.3|A South African cheque from 1933
AI overview
A cheque is a written instruction to a bank to pay a specified amount of money from your account to another person or organization. It was a common and important method of transferring money before digital banking became widespread.
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Article
45 sectionsContents
- Nature of a cheque
- Spelling and etymology
- History
- Early years
- Modern era
- Parts of a cheque
- Attached documents
- Usage
- Declining use
- Decline in Asia
- Decline in Europe
- Decline in North America
- Decline in Oceania
- Alternatives to cheques
- Variations on regular cheques
- Cashier's cheques and bank drafts
- Certified cheque
- Payroll cheque
- Warrants
- Traveller's cheque
- Money or postal order
- Oversized cheques
- Payment vouchers
- Cheques around the world
- Australia
- Canada
- India
- Israel
- Japan
- New Zealand
- Poland
- Turkey
- United Kingdom
- United States
- Cheque fraud
- Embezzlement
- Forgery
- Identity theft
- Dishonoured cheques
- Consumer reporting
- Lock box
- See also
- Notes
- References
- External links
thumb|upright=1.3|A South African cheque from 1933
A cheque (or check in American English) is a document that orders a bank, building society, 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.