What Does Cheque Mean?

A cheque, or check, is a document that orders a bank to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued. The person writing the cheque, known as the drawer, has a transaction banking account where their money is held.

What is difference between check and cheque?

Cheque is the British English spelling for the document used for making a payment, whereas American English uses check. Check also has a number of other uses as a noun (e.g., a check mark, a hit in hockey, etc.)

What is cheque in banking?

A cheque is a document you can issue to your bank, directing it to pay the specified sum mentioned in digits as well as words to the person whose name is borne on the cheque. Cheques are also called negotiable instruments.