Questions about cheques, cheques vs. money orders

Checks can be used for two purposes: one is to withdraw money, and the other is to transfer money. Cheques can only be used in the same city.

Withdrawal: Stamp the special financial seal and legal person seal on the front of the check; The reverse side is stamped with a special financial seal and a legal person seal (don't knock the wrong position, you can ask the bank teller).

Transfer: Stamp the special financial seal and legal person seal on the front of the check; The reverse side is left to the endorsing unit to knock the seal.

The financial seal and corporate seal must be the seal of the bank in advance.

Cheque purposes: reserves, travel expenses, conference expenses, etc.

Reserve: The company's normal expenses for 3-5 days (need to apply when opening an account), and the standards of each bank are different.

Travel expenses, conference expenses, etc.: The requirements of each bank are different, and the daily withdrawal amount is controlled within a certain range, and the appointment must be made the day before if it exceeds a certain amount, and the president may need to approve if it exceeds a certain amount.

The cash cheque should be stamped with the financial seal and name seal on the front (consistent with the bank's reserved seal), and the back leaf should be stamped with the same seal. On the back, you should also fill in the ID number and name of the person withdrawing the money.

The transfer cheque only needs to be stamped with the financial stamp and name stamp on the front, and the other needs not to be stamped.

Stamped with a seal reserved in the bank. Reserved seals can generally be used official seals (can also use financial seals), legal persons, financial private seals, private seals generally use one to two.

The front should be stamped with a seal, that is, the seal you go to the bank to open an account, generally the financial seal or official seal of the enterprise and the company's legal person seal (one or two people), and the back of the cash check should be stamped with a special financial seal, and the transfer check does not need to be stamped.

When an enterprise opens an account in a bank, it has a reserved seal, which is generally a financial seal and the personal seal of the corporate legal person or the person in charge of finance, and the bank will give the enterprise a seal and stamp the seal on the check.

It is necessary to stamp the reserved seal used when opening an account in the bank, a financial seal, and a private seal

Use the financial seal of the enterprise and the private seal of the legal person.

1.Transfer checks can now be used across provinces. Now the People's Bank of China has opened a bill image exchange system, and checks can be circulated and used throughout the country.

2.Cheques are spot bills, and banks pay at sight, with no payment period. (Article 91 of the Negotiable Instruments Act: Cheques are limited to payment at sight and the date of payment shall not be separately recorded.) If the date of payment is separately stated, such statement shall be invalid. ）

In order to prevent the bearer from not presenting the cheque for a long time, the law stipulates that the payment reminder period of the cheque is 10 days from the date of issuance (the average person is easy to regard the prompt payment period of the cheque as the payment term, which are two different concepts). After you receive the cheque, if you do not prompt the bank for payment after 10 days from the date of the cheque, the person who made the cheque (i.e. the bank) will not pay you.

3.Legally, post-dated checks are prohibited. Since the date of issue of the cheque is the basis for calculating the payment reminder period, in practice, in order to facilitate the management of the cheque, the date of the cheque must be the current actual date.

However, in practical application, there are also drawers who issue checks that do not match the actual date, as long as the bearer prompts the bank to pay, the drawer's account has full payment, and the bill management authority generally does not pursue the responsibility of the drawer.

4.Difference Between Cheque and Money Order:

1) The functions are different. A cheque is a payment instrument that has no credit function and can only be paid at sight. That is, when you write a check, you must have so much money in your account, otherwise it will be a bad check and will be penalized; The bill of exchange is a credit function, the bill of exchange has a certain payment period, and the payer will not pay you if the payment period is not reached.

Moreover, when the drawer of the bill of exchange issues the bill, there may not be so much money in the account, only after the payment period is reached, there is enough money in the account.

2) The object of the commission is different. Cheques can only be paid by the bank that handles the cheque deposit. The bill of exchange can be entrusted to the bank for payment, and it can also be entrusted to other units with better credit for payment.

3) Absolute items are different. The name of the payee may not be recorded when the cheque is issued, and the name of the payee may be added with the authorization of the drawer afterwards. The name of the payee must be stated in the bill of exchange, and the bill of exchange that is not recorded is invalid.

4) The payment date is different. Cheques cannot contain the date of payment, and cheques can only be paid at sight. In addition to the payment at sight, the bill of exchange can also record other forms of payment dates: fixed payment, regular payment after issuance, and regular payment after sight.

1. Cheques can only be used in the same clearing city, and cannot be used across provinces.

2. The payment period shall be within 10 days from the date of the ticket.

3. You can open a forward, how far and far is not limited, but you have to bear a certain risk, if the drawer is bankrupt during this period, it cannot be accounted for, and the risk must be borne by yourself.

4. The most obvious difference between the two is that the basic party of a bill of exchange includes the payer. Beneficiary and drawer, the check contains the drawer and the payee.

b Bill term, bill of exchange can be forward or sight, cheque is sight.

c. The main debtor, the main debtor of the bill of exchange is the payer or acceptor (bank acceptance or commercial acceptance), and the main debtor of the check is the drawer.

I saw the inter-provincial transfer check last year, and ICBC's was a bit complicated to receive it, so I didn't dare to collect it. It doesn't matter if you write the cheque or the date of issuance next year, but you can't withdraw it before the time comes. Cheques are valid for 10 days and money orders are valid for one month.

The money is only drawn from your account when the cheque is withdrawn, and the money is drawn after the money order is successfully processed. Bills of exchange are used across provinces and regions, and checks are basically (so far) used in the same city.

Warmly add that there is generally a limit to the amount of checks issued to other places, and the limit is 500,000 people, which will not be accepted by ordinary banks! Now it can be used across provinces between Beijing, Tianjin and Hebei, as well as between several coastal cities, I don't remember much!

The check rules are:

1) The financial department is responsible for the management of the check, and the designated cashier is responsible for keeping it properly to prevent loss and theft.

2) The cheque, the reserved bank seal and the cheque password should be kept separately and kept by a special person.

A cheque is an instrument issued by the drawer, and the bank or other financial institution entrusted to handle the cheque deposit business unconditionally pays a certain amount to the payee or bearer at the sight of the cheque. The characteristics of the check are as follows: First, the check is entrusted**, but the payer of the check is special, and it must be a bank or non-bank financial institution qualified for check deposit business.

Second, China's cheques are only spot cheques, and there is no acceptance system for cheques.

I hope some common sense of cheque will be helpful to you: (1) There should be no traces of alteration on the front of the cheque, otherwise the cheque will be invalid. (2) If the drawee finds that the cheque is incomplete, he can make up the record, but he cannot alter it.

3) Cheques are valid for 10 days and are counted as one day. Postponed on holidays. (4) Cheques are payable on sight and are bearer.

Lost cheques, especially cash cheques, may be the loss of money with the face value, and the bank is not responsible. If the general elements of the cash cheque are filled in, if the cheque has not been fraudulently claimed, report the loss at the opening bank; If the elements of the check are filled in completely, report the loss at the opening bank, and if the elements are not filled in, report the loss to the clearing house. (5) If the back of the cash check of the issuing unit is blurred, the blurred seal can be crossed and stamped again.

6) The back seal of the transfer check of the receiving unit is blurred (at this time, the bill law stipulates that it cannot be remedied by re-stamping), and the receiving unit can bring the transfer check and the bank statement to the opening bank of the issuing unit to handle the collection procedures (without paying the handling fee), commonly known as "reverse fighting", so that there is no need to re-issue the check to the issuing unit.

Blank means that the amount of the check you write is greater than the amount in your account, and you can't pay the money and the cheque will be bounced.

1.This cheque is valid, and you can pick up the cash as long as you fill in the missing items.

2.Checks that are not stamped are not valid.

3.A "blank" cheque is a cheque written in an amount greater than the balance of the bank deposit.

1. As long as the financial seal is the same as the seal reserved in the bank, and the other contents are not filled, it is a blank check, and anyone who fills it in can go to the bank to get it.

2. Can be cashed out. However, you can only withdraw cash from the bank where you have opened a basic account, and other banks cannot withdraw cash.

3. The bad check is as long as the financial seal is the same as the seal reserved in the bank, and the other contents are not filled.

Regular cheques can be used to withdraw cash or transfer money. If two equal lines are drawn in the upper left corner of an ordinary check, it is a crossed check, and the crossed check can only be used for transfers, and no cash withdrawal is allowed.

Three types of checks.

1: Cash check, cash check can be used to withdraw cash, in fact, it can also be transferred, but the bank does the work twice.

Withdraw cash and then help you transfer it, it's not impossible, but you can't transfer it directly 2: transfer checks, which can only be used for transfers, and have a wide range of uses, which can be transferred to different regions, as long as you know each other.

Account information.

3: Ordinary check; There's a place in the top left corner of the check that you can underline, and you can see if you can draw the line when you write the check.

Then you can only transfer money, and if you don't draw, you can withdraw cash.

There are three types of checks: regular checks, cash checks, and transfer checks.

1. The cash check can only be used to withdraw cash, which can be issued by the depositor to withdraw cash from the basic bank account of the bank of the unit, or it can be issued to other units and individuals for settlement or entrust the bank to pay cash to the payee on behalf of the payee;

2. The transfer check can only be used for transfer, and it is applicable to the transfer of funds from the depositor to the receiving unit within the same city to handle the settlement of commodity transactions, labor services, debt repayment and other current payments;

3. Ordinary cheques can be used to withdraw cash or transfer money. However, if two parallel lines are drawn in the upper left corner of an ordinary check, it is a crossed check, which can only be used for transfer and cannot be used for cash withdrawal.

4.Ordinary checks are transferable by endorsement. All you need to do is stamp your company's financial seal and the company's private seal in the large box on the left side of the back of the check.

A check is a bill issued by a bank depositor to a bank that requires the payee or bearer to pay a certain amount of money unconditionally at the sight of the check.

Provisions: 1. The transfer check can be endorsed and transferred; Cash cheques are not transferable by endorsement.

2. The payment period of the check reminder is 10 days (from the date of the issuance of the check, the due date will be postponed in case of regular holiday).

3. The date of issuance of the check, the amount of capital and lowercase and the name of the payee shall not be changed, and if there is any error in other contents, it can be crossed out and corrected, and one of the reserved bank seals shall be stamped as proof.

4. In case of loss of check, you can apply to the paying bank for loss reporting and stop payment; Before the loss is reported, the bank will not accept the payment.

5. If the drawer issues a blank check or a check with the bank's reserved seal, the bank will not only return the check, but also impose a fine of 5% but not less than 1,000 yuan according to the face value. The bearer has the right to claim compensation from the drawer for 2% of the amount of the cheque.

6. Article 125 of the People's Bank of China's "Measures for Payment and Settlement" (Yinfa No. 393) "If the drawer issues a blank cheque, a cheque whose seal does not match the bank's reserved seal, a cheque with a payment password that is incorrect, and a cheque with an incorrect payment password, the bank shall return the cheque and impose a fine of 5% but not less than 1,000 yuan according to the face value; The bearer has the right to request the drawer to compensate 2% of the amount of the cheque. In the case of repeated issuance, the bank shall stop issuing cheques. "Notice of the People's Bank of China on Issues Concerning the Implementation of Administrative Penalties for the Issuance of Dishonored Checks (Yinfa No. 114)" (1) Qualifications for imposing penalties:

In accordance with the relevant provisions of the Administrative Punishment Law of the People's Republic of China and the Measures for the Implementation of the Administration of Bills, the People's Bank of China and its branches shall impose administrative penalties on drawers who issue blank checks or sign checks that do not match the debts owed by the reserved bank. Articles 125 and 239 of the Payment and Settlement Measures shall be suspended. ”