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Types of Cheques

Anti-Dated Cheque
Anti-Dated Cheque

Post dated cheque is prohibited under section 68 of Indian Stamp Act. ... Now only for 3 months from the date on the cheque. So all cheques pre dated are called ante ...

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Bearer Cheque :
Bearer Cheque :

The cheque sometimes can be made payable to Cash or bearer or made payable to a specific name, for example, Ahmad Osman or Bearer. This cheque is payable by the drawee bank over the counter to the Bearer or presenter of the cheque. A Bearer cheque can be negotiated or pass to another person by mere delivery.

Blank Cheque:
Blank Cheque:

Under American law, a blank cheque is an example of an incomplete instrument as defined in the Uniform Commercial Code's Article 3, Section 115 (a). Writing an amount in a blank cheque, without the authority of the signer, is an alteration.

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Counter Cheque:
Counter Cheque:

A counter check is a check with blank spaces for the account information. Banks give these out to customers who have not yet received pre-printed checks. They may also give them to customers who have no other means of withdrawing cash from their accounts.

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Crossed Cheque
Crossed Cheque

Account payee cheque is an addition to crossed cheque meaning that bank cannot make over the counter payment to the bearer of the cheque and that the payment is to be processed only in account of payee specified in the cheque.

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Multilated Cheque:
Multilated Cheque:

In case a cheque is torn into two or more pieces and presented for payment , such a cheque is called a mutilated cheque'''''It can be honored if the collecting bank guarantees by certifying back side of the mutilated cheque...BOB Amin.

Open Cheque:
Open Cheque:

The words ‘account payee’ on a cheque are interpreted as a direction on the banker to credit the proceeds of the cheque to the account of the payee. The negotiation of the cheque is not prohibited; therefore such a cheque remains transferable.

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Order Cheque:
Order Cheque:

“ The order cheque was sent to the payment receiving post office box at the company's headquarters, I will let you know when the funds have been received. Was this Helpful? YES NO 8 people found this helpful.

Post Dated Cheque:
Post Dated Cheque:

In banking, post-dated cheque is a cheque written by the drawer (payer) for a date in the future. Whether a post-dated cheque may be cashed or deposited before the date written on it depends on the country.

Stale Cheque:
Stale Cheque:

A stale check is not an invalid check, but it may be deemed an 'irregular' bill of exchange. A bank may refuse to honor it unless its drawer reconfirms it payment either by inserting a new payment date or by issuing a new check.

Uncrossed / Open Cheque
Uncrossed / Open Cheque

There are two types of cheques: Open Cheques and Crossed Cheques. An open cheque is one which is payable in cash across the counter of the bank. A crossed cheque is one which has two short parallel lines marked across its face.