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Suppose you need Rs. 2,000. You fill a cheque and give it to your sister and send her to get the money in cash. |
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Answer» Self cheque: 1. I will write a cheque for Rs. 2,000/- on my friend’s name and ask her to get cash from the bank. 2. I will sign on the down and back of the cheque. 3. I will give her instructions where to handover the cheque in the bank and how to receive cash in counter. 4. No need of any account to my friend in the bank. Cross cheque: If I wrote an amount on cross cheque, my sister needs an account in any of the banks to change the check into cash. |
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