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What is the term used for a cheque that can be encashed across the counter of the bank? - Commercial Applications

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Question

What is the term used for a cheque that can be encashed across the counter of the bank?

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Solution

The term used for a cheque that can be encashed across the counter of the bank is a "bearer cheque."

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Chapter 7: Banking and Bank Transactions - EXERCISES [Page 125]

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Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 7 Banking and Bank Transactions
EXERCISES | Q 17. | Page 125
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