Cheques are still a relatively common form of payment though they are rapidly being replaced by the use of credit and debit cards.
Set against a background of working in the Hospitality industry, these pages aim to help you accept payments by cheque
Whilst different organisations have different policies and procedures, general rules are still useful to learn and apply.
What are cheques?
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A cheque is a written authorisation to pay or order money from an account to someone else (called the payee).
Cheques are issued by financial institutions such as Banks, Building and Saving Societies, Post Offices etc.
People use cheques rather than carry around large quantities of cash because of the reduced security risk.
Types of cheques