If you’ve started a new job or set up a new automatic bill, you may have been asked for a void cheque. We break down what a void cheque is, what they’re used for and alternatives for you if ...

For speed and convenience, it's hard to beat mobile cheque deposit. Here's everything you need to know about mobile cheque deposit.

This was published 15 years ago What is a cheque? Although not used as much as in the past due to the widespread use of the internet and credit cards, cheques still remain the method of choice for ...

A cheque is not a mere a piece of paper. It's imperative for you to know more to ensure that you don't end up losing your hard-earned money. 1. What is the difference between a bearer cheque and ...

As the name suggests, a canceled cheque is one that is crossed and the term "Cancelled" is written on it. Except this, nothing else needs to be written on the cheque. By manually crossing the ...

A certified cheque is a guaranteed form of payment, which means there’s no chance of insufficient funds when the cheque is cashed. Certified cheques are purchased for a fee.

A void cheque is one that has been rendered invalid by writing "VOID" across it. Voided cheques are often used to transmit banking details for the purpose of making an electronic transaction.

Read on to see what trouble a dishonoured cheque (that is, a bounced cheque) can cause you.

What happens if my cheque bounces? Here’s why you should not take it lightly Cheque bounce, in fact, is one of the most common financial offences in most countries ...

Cheque Truncation System (CTS) is a process of clearing cheques electronically rather than processing the physical cheque by the presenting bank en-route to the paying bank branch. It is a step ...

One of the basic steps is that before depositing the cheque, inform the issuer and ask them to ensure the account is funded. You can also back this up with an email for your records.