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what is the difference between banker cheque and cheque?
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Answer Posted / yaseen khattak
Payorder & Cross Cheques are same thing because no body can
cash it with out deposit in concern account but the main
difference is that cross cheque issued by company or payee
& it can be return due to not sufficient fund in your
account & payoder issued from the bank side whcih is used
internal side of the City & payoder can issued from your
bank account when u have sufficient balance in your
Account. the main advantage of payorder is that it can not
be bounce due to not sufficient balance
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