What is Cheque?

A cheque is a document that orders a payment of money from a bank account. The drawer writes the various details including the monetary amount, date, and a payee on the cheque, and signs it, ordering their bank, known as the drawee, to pay that person or company the amount of money stated.The person writing the cheque, the drawer, usually has a current account or checking account where their money was previously deposited.

Cheques are a type of bill of exchange and were developed as a way to make payments without the need to carry large amounts of money. Technically, a cheque is a negotiable instrument instructing a financial institution to pay a specific amount of a specific currency.

cheque is an order form which is sent by the person to the bank having depoist in the bank.there are 3 types of cheque.they areas follow
order cheque
bearer cheque
cross cheque

But these days they have been somehow replaced by the ATM cards. Only high amounts have been withdrawn by it.. Well thank you so much for sharing that thread with us in this forum.