Rush on Guarantees and Checks Why Don t Checks Need Guarantees? ）

A cheque is a bill issued by the drawer and entrusted by a bank or other financial institution to handle the cheque deposit business to unconditionally pay a certain amount to the payee or bearer at the sight of the cheque. The amount of the cheque issued by the drawer of the cheque shall not exceed the amount of the cheque deposited with the payer, and if the deposit is less than the amount of the cheque, the bank will refuse to pay. This kind of check is called a bad check, the drawer is legally responsible, and if the drawer issues a bad check, the bank can ask for a penalty of 5% of the face amount but more than 1000 yuan, and the payee can ask for compensation of 2% of the face value.

And checks can be divided into different kinds. For example, if there is a bearer check, the difference between the two is whether the payee needs to sign when receiving the payment; There is also a crossed check, which is not allowed to be collected by the bank, so it can only be collected and recorded by the bank, which prevents the check from being lost or fraudulently claimed, without clues; There is also a certified check, which is to avoid the drawer from issuing a blank check, to ensure that the check is prompted to pay, the payee or bearer of the check can ask the bank to certify the check, once the check is certified, the payment responsibility is borne by the bank; There are also bank cheques, which are cheques issued by and paid by the bank; There are also traveler's checks, which are a fixed amount of payment instruments issued by banks or travel agencies for tourists, and are a means of payment purchased by tourists from ticketing agencies in cash, traveler's checks are characterized by a small amount, there is no designated payer and place of payment, and money can be withdrawn at the issuing bank, foreign branches or agency points of travel agencies, and it is safe, the remitter is also the payee, and the circulation period is not specified.

And why you don't need to guarantee the cheque you are talking about is because the cheque is paid by entrustment**, but the entrusted person is limited to banks or other statutory financial institutions; The promissory note is an agreement, and it is agreed that the person will pay the **; A bill of exchange is entrusted to a person to pay**; This is one of the reasons. The payment term of the three kinds of bills is different, the payment period of the promissory note is one month, and the overdue payment bank will not accept it; China's bill of exchange must be accepted and accepted when due, and the bearer cannot be cashed; The payment period of the cheque is 5 days, and the payment period of the transfer cheque in the endorsed transfer area is 10 days, which is calculated from the next day of issuance, and the due date is automatically postponed when it meets the holiday day; When making payment, the drawer of the check guarantees the payment of the check, the drawer of the promissory note bears the responsibility for payment, and the guarantor of the bill of exchange accepts the payment, and if there is another acceptor, the acceptor guarantees the payment; Finally, the check is very reliable, the so-called reliable means that the bank strictly prohibits the issuance of blank checks, and each unit must be within the balance of the bank deposit to issue the check, so the payee can get the money with the check, and there is generally no situation where the normal payment is not obtained.

That's all I can say. Hope it helps

Cheques are short-term, and they are void after expiration, usually 10 days after the cheque is issued.

The cycle of other bills is relatively long...

It should be...

Article 90 The drawer must bear the responsibility of taking the lead to guarantee the payment to the bearer according to the amount of the cheque issued. If the drawer's deposit with the payer is sufficient to pay the amount of the check, the drawer shall pay the full amount on the same day. Article 91 Cheques shall be paid at sight and shall not separately indicate the date of payment.

If the date of payment is separately stated, such statement shall be invalid. Article 92 The bearer of the cheque shall prompt payment within 10 days from the date of issuance; The time limit for prompting payment of cheques used in other places shall be separately stipulated by the People's Bank of China. If the prompt payment period is exceeded, the payer may not pay; If the payer does not pay, the drawer shall still bear the responsibility for the instrument to the holder.

Article 93 If the payer pays the amount of the check according to law, the drawer no longer bears the responsibility of being entrusted to pay, and the bearer no longer bears the responsibility of payment. However, this does not apply if the payer makes the payment in bad faith or with gross negligence. Article 94 In addition to the provisions of this chapter, the provisions of Chapter II of this law on bills of exchange shall apply to the endorsement and payment of cheques and the exercise of the right of recourse against Huailiang.

In addition to the provisions of this Chapter, the provisions of Articles 24 and 26 of this Law on bills of exchange shall apply to the act of issuing cheques.

Tell you from my experience:

1. Write your ID card and name.

2. The bill number can not be filled, and the check number should be filled in if you want to fill in. The seal left by the bank in the second copy of the bill is generally stamped with the financial seal and the legal person seal;

3. On the back of the transfer check, fill in the full name of the opening bank of the account you have deposited into plus "entrusted collection". The date is generally not required.

4. If the account has a password trap, cash checks and transfer checks issued must use the trap.

1. The front of the cash check should be stamped with the financial seal and the legal person seal, and the riding seam should also be stamped with the financial seal. If it is withdrawn by the unit, the back should also be stamped with the financial seal and the legal person seal.

2. The bill number is written on the transfer check received. There is no need to stamp the bill, but the bank stamps.

3. I don't understand what you wrote. Transfer cheques from the same bank are credited directly without stamping. Different lines should be stamped on the back. Don't fill in the endorsement date or anything, someone from the bank will write it for you.

4. I have never used a cipher.

Just looking at the face value of this check, it is impossible to see whether it is valid or not. Here's why:1

The face elements of the check are incomplete, I don't know if the loss has been reported? 2.The cheque drawer did not fill in the password, because it was impossible to determine whether the account was a cong or not, so it was impossible to judge whether the cheque was available.

3.Is the financial seal true and effective? Because ** is not very clear, the financial seal in the financial seal is not a special category for the record of the Public Security Bureau, and there is no five-pointed star in the middle, which is inconsistent with the conventional style, so it is impossible to judge whether it is effective?

4.Whether the check itself is genuine or not, by the image, cannot be judged.

This check is doubtful because:

1. There is a printed line of numbers under the word "check", I don't know what it is, the normal check should be blank.

2. Under normal circumstances, there will be 12 digits of banking institutions recorded in the bank number**.

3. The name of the company on the check you said is inconsistent with the name on their company's signboard.

So I was skeptical about the validity of the check, maybe it was a fake check. Don't say that a few thousand yuan will not deceive people, some people even deceive dozens or hundreds of yuan to rent land. It is also good to be careful. It's best to wait for the money from the check to be credited before shipping.

Just look at the check is fine, you can go to the bank to deposit it first and then ship it to them.

1) The check guarantee and the check payment guarantee are both a kind of guarantee system for checks, which are different from the guarantee system of checks.

2) The guarantor of both is only liable for the bill to the bearer of the prompt payment on time.

3) The holder of the check of both shall prompt the request for payment within the payment reminder period, and in the event of non-payment, the bearer shall make a certificate of refusal in order to exercise recourse against the invoicer, endorser or other debtor of the instrument.

4) The issuer or endorser of the check or other debtors of the instrument shall not be exempted from its instrument obligations due to guarantee or payment guarantee.

5) If the two types of guarantee cheques have not been copied for payment, the amount of recourse and the amount of recourse are exactly the same.

6) Both can extend the reminder period when the bearer is unable to present the cheque within the statutory period, make a rejection certificate or a declaration with the same effect due to force majeure obstacles, and after 15 days from the date on which the bearer issues a force majeure notice to its endorser, if the force majeure event still continues, although the notice is issued before the reminder period expires, there is no need to prompt, no need to make a rejection certificate or a statement with the same effect, and can directly exercise its right of recourse; Wait a minute. (See above the provisions of Articles 53 and 58 of the Negotiable Instruments Act of Japan.) )