How to accept a payment by cheque
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In most cases to accept a cheque the customer must produce a guarantee card. This will show the upper limit to which the cheque can be drawn. In other words the bank or financial institution will guarantee payment only to that amount.
Suggested procedure for taking a normal cheque payment:
Issue the bill.
Make sure you see the customer signing the cheque.
Check the signature matches that on the guarantee card and that it is on the original paper strip!
Check the amount in figures and in writing is correct and does not exceed the card limit.
Check the card is valid and write the expiry date on the back of the cheque.
Write the card number on the back of the card and initial it.
Optional:
Check the bank codes match on the card and cheque
Check the card and cheque with the cancelled and invalid list (if you have one!)
Place the cheque in the till drawer
Give the customer back their card and receipt as appropriate.