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cheque

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Also known as check

thumb|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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Cheques
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~59 min read

Article

45 sections
Contents
  • 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.

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