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#Hsbc uk cheque book pdf#
#Hsbc uk cheque book free#

Crossed Cheque: Also known as the account payee cheque.The issuer is required to put his signature on both the front and back of the cheque. It can also be transferred from the original payee to a different payee. Open Cheque: This is an uncrossed cheque that can be encashed at any bank and the payment can be made to the person bearing the cheque.Order Cheque: It can be encashed only by the payee, that is, the person whose name has been written on the cheque.It possesses high risk because if someone finds it, the person can issue the cheque to themselves. Blank cheque: A blank cheque is the one that has the sign of the issuer and no other details are filled in it.Banks do not require authorisation to be permitted to make payment from the issuer for these cheques. Bearer Cheque: It can be encashed by the bearer (person carrying/bearing the cheque) on presentation before the authorised bank.

#Hsbc uk cheque book free#

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The cash amount is to be paid to the person mentioned therein, or order, or the bearer.

Its payment is always in cash or account transfer.

The amount is always a certain sum of money in one’s account.

A signature on the exchequer is a mandate and should be only done by the maker.

It is always drawn on a particular bank.

Sometimes, the drawer and the payee can be the same person, when the drawer writes a self-cheque.

Endorsee – The party in whose favour, the right is transferred, is called endorsee.

Endorser – When a party transfers his right to take the payment to another party, he/she is called an endorser.

Payee– The beneficiary, i.e., to whom the amount is to be paid.Īpart from the above mentioned parties, there are two more parties to a cheque:.

Drawee– The bank on which the cheque is drawn or who is directed to pay the specified sum written on the cheque.

Drawer– The person who draws the cheque, i.e., signs and orders the bank to pay the sum.

Under this mode of fund transfer, there are three parties involved in the on-track movement of money through a written paper source. Every bank cheque has a cheque number, MICR and IFSC code. It serves as a secure option since hard cash is not involved during the transfer process hence the fear of loss or theft is minimised.Ī cheque may be issued against a current account or a savings account. The cheque is utilised to make safe, secure, and convenient payments.

*This limit is shared by all available channels (the respective maximum daily transfer sub-limit for local ATM and Personal Internet Banking is HKD400,000, and for overseas ATM and phone banking is HKD50,000).A cheque is a financial document that orders a bank to pay a particular amount of money from a person’s account to another individual’s or company’s account in whose name the cheque has been made or issued. via the e-Cheque Drop Box on the HKICL website (HK Interbank Clearing Ltd). via the e-Cheque Deposit Box Service on HSBC's website e-Cheque can be uploaded (deposited) through any of the following channels:.Festive themed e-Cheque background designs available for selection.Choices of e-Cheque background design available for selection.Can be used to make Hong Kong Dollar, US Dollar and Renminbi payments.Must be addressed to a payee and deposited with a bank accepting e-Cheques.Can issue an e-Cheque with amount up to your pre-set daily transfer limit of non-registered accounts via Personal Internet Banking, which is capped at HKD400,000 per day *.Valid for 6 months from the date of e-Cheque.Can issue a forward-dated e-Cheque up to 90 days from today.Has the same legal status as paper cheque.

#Hsbc uk cheque book pdf#

Digitally signed PDF file format containing information similar to the information on the traditional paper cheque, and with an e-Cheque logo.