bank cheque

Definition from Wiktionary, the free dictionary
Jump to: navigation, search

English[edit]

Wikipedia has an article on:

Wikipedia

Noun[edit]

bank cheque (plural bank cheques)

  1. (banking) A cheque which is payable by a bank itself, as opposed to an ordinary cheque payable only out of the funds of a particular customer's account. A bank cheque is normally obtained by a bank customer (by paying its face value), the point is that the person receiving the cheque has the security of knowing it's payable by the bank and thus cannot bounce (not so long as the bank is solvent).

Translations[edit]