But, now and then, the need arises. But knowing how to write a cheque remains a worthwhile skill to have. What if you need to use a cheque to pay a bill? In those situations, knowing how to write a cheque can be handy.
How to Write a Cheque: A Step-By-Step Guide | Finder Canada
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content. Online money management, mobile banking and digital payments are normal in the financial world, but there are still situations when you may need to resort to old fashioned means of handling money — enter cheques. Cheques are simpler to fill out than they look. You can also write cash here, and that means anyone can take the cheque to the bank and take the cash from your account. Write the amount in numerals.
Charlie Barton is a publisher at Finder. He specialises in banking and investments products, including banking apps, current accounts, share-dealing platforms and stocks and shares ISAs. Charlie has a first-class degree from the London School of Economics, and in his spare time enjoys long walks on the beach.
The Image Clearing System allows banks and building societies to exchange images of cheques instead of moving paper around the country. Introducing mobile cheque deposit. Banks will now use images of cheques to exchange information instead of the physical paper cheques previously used.