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I insisted on paying with a bank cheque so the seller would be certain the payment couldn't bounce.
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I insisted on paying with a bank cheque so the seller would be certain the payment couldn't bounce.
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Related words
bank cheque
Noun
(banking)
A
cheque
which
is
payable
by
a
bank
itself,
as
opposed
to
an
ordinary
cheque
payable
only
out
of
the
funds
of
a
particular
customer's
account.
A
bank
cheque
is
normally
obtained
by
a
bank
customer
(by
paying
its
face
value),
the
point
is
that
the
person
receiving
the
cheque
has
the
security
of
knowing
it's
payable
by
the
bank
and
thus
cannot
bounce
(not
so
long
as
the
bank
is
solvent).
Japanese Meaning
銀行が発行し、銀行自身の支払い保証が付いた小切手。通常、顧客が額面料金を支払い取得し、受取人は銀行の信用をもって支払いを受けるため、不渡りのリスクが低い。
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