In previous articles, the editor rarely explained checks alone. Today, I will focus on two special checks in the scope of bills. File a certified check and a crossed check, both of which are actually special checks. The so-called special check means that the drawer can make special records on the check in accordance with the law, and these records will produce special effects in the negotiable instruments law. . Next, the editor of the
bank's
acceptance bill discount platform will make a detailed explanation of these two special checks. Interested friends can read the following patiently.
1. A certified cheque refers to a cheque in which the payer guarantees payment on the cheque, thereby assuming absolute payment responsibility and exempting the drawer and endorser from the responsibilities. The certified check is a kind of check originally in the United States and gradually adopted by other countries in the future. Confirmation of a check is different from acceptance of a bill of exchange, because after confirmation, the confirmer becomes the only debtor, and the drawer and other debtors are exempt from liability, while acceptance is not. Guarantee and guarantee are also different. Guarantee can only be made by the payer of the check, and there is no recourse problem afterward, but the guarantee subject has no restrictions and there is a recourse problem after the guarantee. Guaranteed payment is effective after the payer records "take-or-pay" or "guaranteed" or other synonymous words on the check and signs for receipt. After the payer signs and seals, it becomes the only debtor on the check and is absolutely responsible for payment, regardless of whether the invoicer has funds with the payer or whether there is a presentation during the statutory period. The guarantee responsibilities of the invoicer and the endorser are thus exempted.
2. Crossed cheques refer to cheques that the drawer of the cheque and other negotiators make two parallel lines on the front of the cheque according to the law, thereby limiting the payee to a specific person (the bank or the payer's customer). It's called a parallel line check. Crossed cheques are created to prevent the payment of cheques from being offended by improper bearers. Because the crossed check restricts the withdrawer and restricts it to the customers of the bank or the paying bank, it is easy to find out the whereabouts of the check, making the check payment more secure.
Crossed checks are further divided into ordinary crossed checks and special crossed checks. Ordinary crossed checks are two parallel lines drawn on the front of the check. There is no text or only the word "bank" between the two lines. In this kind of check, the payer can only pay to the bank or to the customer of the paying bank. A special crossed check is a check with the name of a particular bank written between two parallel lines. Such checks must be paid to a specific bank within the parallel line.
The above is the entire content of the two special-effect cheques compiled by the editor for you. If you want to know more about the cheques for the first time, you are welcome to pay attention to our self-media platform.
1. A certified cheque refers to a cheque in which the payer guarantees payment on the cheque, thereby assuming absolute payment responsibility and exempting the drawer and endorser from the responsibilities. The certified check is a kind of check originally in the United States and gradually adopted by other countries in the future. Confirmation of a check is different from acceptance of a bill of exchange, because after confirmation, the confirmer becomes the only debtor, and the drawer and other debtors are exempt from liability, while acceptance is not. Guarantee and guarantee are also different. Guarantee can only be made by the payer of the check, and there is no recourse problem afterward, but the guarantee subject has no restrictions and there is a recourse problem after the guarantee. Guaranteed payment is effective after the payer records "take-or-pay" or "guaranteed" or other synonymous words on the check and signs for receipt. After the payer signs and seals, it becomes the only debtor on the check and is absolutely responsible for payment, regardless of whether the invoicer has funds with the payer or whether there is a presentation during the statutory period. The guarantee responsibilities of the invoicer and the endorser are thus exempted.
2. Crossed cheques refer to cheques that the drawer of the cheque and other negotiators make two parallel lines on the front of the cheque according to the law, thereby limiting the payee to a specific person (the bank or the payer's customer). It's called a parallel line check. Crossed cheques are created to prevent the payment of cheques from being offended by improper bearers. Because the crossed check restricts the withdrawer and restricts it to the customers of the bank or the paying bank, it is easy to find out the whereabouts of the check, making the check payment more secure.
Crossed checks are further divided into ordinary crossed checks and special crossed checks. Ordinary crossed checks are two parallel lines drawn on the front of the check. There is no text or only the word "bank" between the two lines. In this kind of check, the payer can only pay to the bank or to the customer of the paying bank. A special crossed check is a check with the name of a particular bank written between two parallel lines. Such checks must be paid to a specific bank within the parallel line.
The above is the entire content of the two special-effect cheques compiled by the editor for you. If you want to know more about the cheques for the first time, you are welcome to pay attention to our self-media platform.