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what is the difference between an A/C Payee cheque and a
bearer cheque?



what is the difference between an A/C Payee cheque and a bearer cheque? ..

Answer / imraz

account payee chq is what we have make a transaction only
through bank (i.e only account holders can withdraw the
amt) and bearer chq is what no need for bank transaction any
body can with draw the chq amount

Is This Answer Correct ?    7 Yes 2 No

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