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Why do we write ac payess on the upper left hand of the cheque |
Answer» <html><body><p>tion:The main reason why the practice of writing an account <a href="https://interviewquestions.tuteehub.com/tag/payee-1149220" style="font-weight:bold;" target="_blank" title="Click to know more about PAYEE">PAYEE</a> cheque is popular is because it is the <a href="https://interviewquestions.tuteehub.com/tag/safest-1193254" style="font-weight:bold;" target="_blank" title="Click to know more about SAFEST">SAFEST</a> form of cheque. Since the amount will only be paid by <a href="https://interviewquestions.tuteehub.com/tag/depositing-948660" style="font-weight:bold;" target="_blank" title="Click to know more about DEPOSITING">DEPOSITING</a> it into the account of the payee, there is least chance of misusehope this will help you</p></body></html> | |