The Payee would deposit the cheque is his/her bank. If the payee or beneficiary of cheque has an account in the same bank in the same city the funds are credited into his account through internal arrangement of the bank If the beneficiary has an account with any other bank in the same ...
Ensure that this is the correct amount you are owed and matches the written dollar amount located to the left of the box. If the written and numerical amounts are different, most banks will honor the written amount.[16] Check the signature. For the cheque to be valid, it must contain...