Business Receivables Guard Against Check Traps

Business account collection is a very important link in the management of industrial and commercial enterprises.

More and more enterprises take timely and full recovery of external accounts as an important indicator to evaluate the performance of business personnel.

Cheque is the most widely used commercial activity. Business personnel should be cautious of "check traps" when accepting cheque, because the refund of bills will bring financial losses to enterprises.

The "check trap" that may exist in actual business is explained.

I. signature and seal

A drawer's signature and seal on a cheque is a specific representation of the debt of a bill. When a cheque is returned, it must bear the responsibility of the drawer and pay the amount recorded in the cheque.

The signature and seal should be placed on the place of the drawer on the cheque, and will not be signed or stamped if it is covered elsewhere. It is an unqualified cheque.

In practice, the receiver should pay attention to the following points:

1. a cheque without signature and seal can not be collected.

The cheque in the blank of the certificate is "incomplete bill", which has no legal effect.

The drawer must be supplementing the seal to receive it.

2. a cheque that is signed or sealed is not acceptable.

A cheque that is unclear or unknown is often returned by the bank.

3. only the drawer's fingerprints are printed on the cheque, without any other signature or seal.

The signature on the cheque can be replaced by a seal, but the signature can not be replaced by a fingerprint.

4. the cheques reversed are valid and acceptable.

5. after the cover is stamped, the check with the correct seal can be added.

The drawer made a "sell" on the wrong seal. The seal was not recorded. The cheque is safe as long as the seal on the second covers is the same as the original seal in the bank and there is enough deposit in the account.

Two. About invoice time

1. it is better not to fill in the cheque for the date of issue.

A cheque that lacks the date of issue is invalid, and the drawer does not have to bear any liability for the bill.

If the drawer authorizes the ticket holder to fill in the date, the drawer shall, when accepting the cheque, ask the drawer to issue a "power of attorney" as proof, otherwise it may be liable to eat a forged securities.

2. after the date is rewritten, it must be stamped at the rewriting office.

If it is not stamped, the check will be returned by the bank.

Three. About the amount of check

The amount is one of the items that must be recorded by the cheque, and it is also an indicator of the scope of the guarantee for the debt of the bill.

The amount of a cheque should be written in capitals to show caution and prevent alteration.

Therefore, once the amount is filled, it cannot be rewritten. Otherwise, the check will not be valid.

The amount of check should be paid attention to:

1. a cheque written in the column of the amount of the capital letter is not acceptable.

The general currency units in China are yuan, Jiao and sub.

It is difficult to determine the amount of records only if the number is recorded, but not the "Yuan".

2. the amount of altered cheque is an invalid cheque and must not be accepted.

3. the amount of money written on a cheque should not be written zero, and the check that writes more zero should not be accepted as far as possible.

There should be only one zero word when the amount of money is continuous.

For example, 50005 yuan should be written as "ten thousand five hundred dollars" and not written as "Wu Wan 00 Yuan Yuan Quan".

4. the cheque payable to "pick up the whole" will not be accepted.

In banking practice, there are special requirements for the amount of written checks. 10 yuan should be written as "one dollar and one dollar".

5. the amount of money written on a cheque must not be accepted.

The correct way to write 20 yuan is "collect two yuan". If it is written as "twenty", the bank will deal with it by refund.