Types of cheques

BEARER CHEQUE

Bearer cheque are the cheques which withdrawn to the cheque's owner.These types of cheques normally used for cash transaction. 

ORDER CHEQUE

Order cheque are the cheques which is withdrawn for the payee(the cheque withdrawn for whose person).Before withdrawn to that payee,banks cross check the identity of the payee. 

CROSSED CHEQUE

On that type of cheques two parallel line made on the upper part of the cheques,then that cheques formed to crossed cheques.This type of cheques payment does not formed in cash while the payment of that type pf cheques transferred to the payee account and the normal person's account who recommend by the holder on the cheque. 

ACCOUNT PAYEE CHEQUE 

When two parallel lines along with a crossed made on the cheque and the word 'ACCOUNT PAYEE' written between these lines,then that types of cheques are called account payee cheque.The payment of the account payee cheque taken place on the person,firm or company on which name the cheque issue. 

COMPANY CROSSED CHEQUES

When two parallel lines along with a crossed made on the cheque and the word 'COMPANY' written between these lines,then that types of cheques are called company crossed cheques.Then type of withdrawn does not taken in cash while the person on which the cheque issue,transferred on its account.Normally crossed cheque and company crossed cheque are same. 

 STALE CHEQUE

If any cheque issue by a holder does not get withdrawn from the bank till three months,then that type of cheques are called stale cheque. 

POST DATED CHEQUE

If any cheque issue by a holder to the payee for the upcoming withdrawn date,then that type of cheques are called post dated cheque. 

 ANTI DATED CHEQUE

If any cheque issue for the upcoming withdrawn date but it withdraw before the date printed on the cheque,then that type of cheques are called anti dated cheques.