To support the system the bank agrees to pay the amount n the cheque when it is properly presented, assuming there are sufficient funds in the payer's account to cover the amount of the cheque. There ...

I'm a freelance financial journalist and a regular contributor to U.S. News and CreditCards.com. I've written for Life + Money by Citi, Bankrate and The Balance, among others. You can find me on ...

The Indian financial landscape has a variety of payment and fund transfer modes now—from cash, to debit and credit cards to mobile apps like Paytm—but for most of us, cheques remain an integral part ...

On June 22 last year, the Reserve Bank informed banks that from December 1, 2010, all cheques cleared under the image-based cheque truncation system (CTS) should be free of any alteration, correction ...

Know how to write a cheque by following this five-step method so you can accurately make payments and deposits across Canada. Many or all of the products on this page are from partners who compensate ...