What Is a Counter Cheque?


A counter cheque is a kind of cheque withdrawal that is made over the counter and is usually issued by the cashier. Counter cheques are normally given to customers who have run out of cheques or whose cheques are not yet available.
Q&A Related to "What Is a Counter Cheque"
Cheque counterfoils are cheques sent by companies to their customer, relating to their return on their investment (dividend) These cheques are always crossed to avoid negotiation.
Um, if there is no counter service, what is the point in opening the bank?
http://www.theanswerbank.co.uk/Business-and-Fi nance/Question620396.html
No alteration should be made on cheques as a safeguard against fraud. The bank reserves the right to dishonour and return cheques which in the bank's opinion, bear any alteration
1 Additional Answer
A counter cheque is usually a bank cheque that is normally given to the customers who have run out of cheques or to whose cheques are not yet available. It is always left blank, and it is sometimes called a blank check, though the term has other uses.
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An open cheque is one which can be paid at the counter of a bank as soon as it is issued to the drawee bank. The only requirement by the bank is a proof of identity ...
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