A cheque is a negotiable instrument signed by a drawer
instructing a bank to pay on demand to a named payment or a
berrer an amount written.a bill of exchange drawn on a
specified banker and payable
on demand.Check is just a paid or paper throught to collect
the money and its issue a banker to facilate our account
holder.Cheque is an Instrument to payments for state to
state by easier way.A cheque is issued by a person from his
The bank will not honour the cheque if sufficient balance
is not there in your account.when the cheque issued then it
comes under the nagotiable
instrument act 1981 , and cheque issued by a holder for a
demand by the public and bankers , Cheque can be bounce and
can be a refund by the banker for a many way.like a sign
mismatch , not suffcient balance in the account
holder.Cheque is a negotiable instrument. It can be
sold through bank by a account holder to a bank.
in modern era A cheque is playing an important role between
different kinds of transaction through banking. This is just
like a legal paper where buye'r & saler's, or others.
this is physical proof all so.