A form that records the cheque amount, date, payee and purose of the check is called a <u>debit</u>.
A cheque, or take a look at (American English; see spelling variations), is a report that orders a financial institution (or credit union) to pay a particular amount of money from a person's account to the person in whose name the cheque has been issued.
The character writing the cheque, referred to as the drawer, has a transaction banking account (often called a cutting-edge, cheque, chequing, checking, or proportion draft account) wherein the cash is held. The drawer writes diverse information inclusive of the monetary quantity, date, and a payee on the cheque, and symptoms it, ordering their bank, known as the drawee, to pay the amount of money said to the payee.
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