How To Use Cheque

Type 1

1, cash cheque - the cheque printed with the word "cash" can only be used to withdraw cash.

2, transfer cheque - the cheque is printed with the word "transfer", which can only be used for transfer.

3, ordinary cheque - cheques are not printed. cash "Or" transfer ", which can be used to withdraw cash or to transfer accounts. The two parallel lines in the upper left corner of the ordinary check are crossed cheque. The crossed check can only be used for transfer and can not be used to withdraw cash.

Two. Application conditions

1, there is a certain income, need to handle. Check Settlement.

2. Open in the bank deposit Accounts and maintain a certain balance to ensure payment.

3, as required, banks may apply for a guarantor to apply for a cheque, and the guaranty shall not be accompanied by conditions. The guarantor and the Assured shall bear the same responsibility, and the guarantor shall bear joint and several liability between the two or more guarantor.

4. When the applicant obtains a checking account, he shall deposit the capital and the deposit amount shall be RMB 5000 yuan.

Three, characteristics and usage rules

1, cheques do not restrict payment. They can be used to pay cash or to transfer accounts. A crossed cheque drawn on two parallel lines at the top left corner of the check. The crossed check can only be used for transfer, and no cash can be drawn.

2, the amount of check, the date of issue and the name of the payee must not be changed. The cheque changed is invalid.

3, transfer checks can be negotiated and cash cheques must not be transferred in circulation.

4, the time limit for the presentation of checks is 10 days from the date of issue.

5, a check must be kept in full. If a cheque is lost, it can be notified by the drawee to the bank that the bank fails to pay the payment (at 1/1000 of the face value).

Four, the items that must be recorded in the cheque:

1, indicating the word "cheque";

2, unconditional payment of the entrusted;

3, the amount determined;

4. The name of the drawee;

5. Date of issue;

6. Signatures of the drawer;

A cheque is invalid if one of the above items is missing.

Five. Endorsement of transfer cheque in the clearing area.

1. When endorsing a cheque, the endorser will sign the endorsement on the back of the bill and record the name of the endorser and the date of endorsement.

2, the drawer's check on the cheque is not transferable.

3, endorsement transfer must be continuous, endorsement with conditions, the attached conditions do not have the validity of the instrument.

Six. Notices for issuers to issue cheques.

1, when issuing cheque, a unit or individual should use carbon ink or ink to complete all the elements of the cheque, and affix its reserved bank signature on the cheque.

2, the drawee's reservation of the bank's signature is the basis for the bank to check the cheque payment. Banks can also agree to use payment passwords with the drawer as a condition for the bank to examine and pay the amount of the check.

3, the drawee issues a blank check, issuing a cheque that does not conform to the signature of the reserved bank, and paying the cheque with incorrect password. The bank should refund the ticket and impose a fine of five percent but not less than 1 thousand yuan at the face value. The holder has the right to ask the drawer to compensate the sum of 2% of the check. Banks should stop issuing checks if they are issued repeatedly.

4, the date, amount, and payee of a cheque must not be changed. Any other particulars on a cheque must be signed by the original person. However, the name of the payee on the cheque can be supplemented by the authorisation of the drawer. The cheque before the supplement is not endorsed and prompted for payment.

Seven. Cheque prompt payment

1, the prompt payment date of the check is 10 days from the date of issue.

2. When a cash cheque is indicated by the payee, it should be signed on the back of the cheque. The person who holds the ticket is personally required to submit his identity card, and the name, number and the issuing authority of the certificate should be listed on the back of the check to draw the money from the Bank of the drawer.

3. If a drawer sends out a transfer cheque, he or she can send it to the bank for transfer procedures by the holder or drawer. The cheque sent by the holder should pay the completed check and the two entry bill to the bank to transact the transfer procedure. Since the drawer sends the cheque, he should fill in the complete cheque and the triple bill to the bank to handle the transfer procedures.

4. When a holder holds a bank to entrust an account, he should endorse the endorsement and endorse the endorsement on the back of the cheque. The date of the endorsement is recorded in the endorsement column, and the check and the completed bill will be handed in to the bank.

5. A cheque that prompts payment for the period beyond the prompt payment period shall not be accepted by the holder of the bank, and the drawee shall not pay.