alexa
 
Home Education Bearer Cheque Withdrawal Rules

For more knowledge from around the globe get Indianmoney App Now

Google Play
 
Education Image

What Is Bearer Cheque?

Saturday, January 19, 2019, 5:43 PM

As the name suggests a bearer cheque is payable to the bearer of the cheque. A bearer cheque does not have any name designated as the payee and the person having a bearer cheque can go to the bank for encashment. A bearer cheque does not have any name written on it, but just the amount authorized for withdrawal.

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
CIBIL Meter
Get It now!
Attention!

This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.