How to fill different types of cheques?

Cheque is a banking instrument used to order the bank by an account holder to pay an individual whose name is written on the cheque as the payee. While filling out cheques, one should be very careful. Any error can lead to cancellation or make the cheque invalid. Some cheques may have a slightly different way to fill out according to their type. In this article, we will look at how to fill cheque issued by the bank.

Self cheque

A self cheque is a type of check which is issued by an individual to themselves. It allows the account holder to withdraw money from their own bank account by writing a check payable to themselves.

How to fill out a self cheque?

To write a self cheque, you can follow these steps:

First you have to fill in the date in the format “DD/MM/YYYY” on the date line provided on the cheque.
Write “self” on the “Pay” or “Pay to the Order of” line. This indicates that the cheque is payable to you.
In the space provided for amount, write the amount in words. For instance, if the amount is Rs. 30,000, you should write “Thirty thousand” on that line.
On the line below the “Pay to the Order of” line, write the numerical amount of the cheque. For example, Rs.30,000/-” in this case.
Sign the cheque at the bottom right corner on the cheque leaf. Make sure your signature matches the one you used at the time of account opening. Signature mismatch will make the cheque invalid.
Optionally, you can add a memo or description on the memo line to indicate the purpose of the withdrawal.

After you have completed writing the self cheque, you can either cash it at your bank or deposit it into your own bank account. Some banks may require you to endorse the back of the cheque by signing it on the designated endorsement line.

Account payee cheque

An account payee cheque is a type of check that contains two parallel lines at the top left corner, along with the words “Account Payee” or “A/C Payee” written between the lines. It is also known as crossed cheque. This crossing or marking signifies that the cheque can only be deposited into the bank account of the payee mentioned on the cheque and cannot be cashed over the counter. Account payee cheques are often preferred for business transactions or when dealing with larger amounts of money, as they offer greater security and traceability.

How to fill out an account payee cheque?

Following is the step-by-step guide on how to fill account payee cheque:

Enter the current date on the date line provided on the cheque in the format DD/MM/YYYY.
On the “Pay” or “Pay to the Order of” line, write the name of the person or organisation to whom you want to make the payment. The name of the payee should be accurate it should match the payee’s bank account details.
On the line below the payee name, write the amount of the cheque in words. For example, if you’re writing a cheque for Rs.20,000, write “Twenty thousand only” on this line. Write it clearly so that there is no confusion.
Then, write the same amount in numerical figures.
Sign the cheque at the bottom right corner using the signature you used at the time of account opening with your bank. Signature mismatch will lead to the cancellation of your cheque.
Here is what makes an account payee cheque different from a normal cheque.To convert the cheque into an account payee cheque, draw two parallel lines diagonally at the top left corner of the cheque. Write “Account Payee” between the lines. This crossing indicates that the cheque can only be deposited into the payee’s bank account and not cashed over the counter.

Post dated cheque

A post-dated cheque is a type of cheque that includes a future date on it, which is later than the current date when the cheque is written. In other words, the cheque cannot be cashed or deposited until the specified date mentioned on it. Post-dating a cheque allows the issuer to provide the recipient with a cheque that will only be valid and processed on or after the specified date.

How to fill out a Post-dated cheque?

Enter the future date on the date line provided on the cheque. This is the date when the cheque becomes valid for cashing or depositing. Write the date clearly and accurately.
Payee Name: On the “Pay” or “Pay to the Order of” line, write the name of the person or organisation to whom you want to make the payment. Make sure the payee’s name is accurate and matches their bank account details.
Amount in Words: On the line below the payee name, write the amount of the cheque in words.
Amount in Figures: Then, write the numerical amount also on the cheque. Leave no space between the digits.
Signature: Sign the cheque at the bottom right corner using the signature you used at the time of account opening. Your signature should matche the one the bank has on record or else the cheque will be considered invalid.
Post-Dating: As mentioned earlier, the crucial step for a post-dated cheque is to specify a future date on the date line. Ensure that the date you write is after the current date. This indicates that the cheque is not valid for cashing or depositing until the specified future date.

Traveller’s cheque

Traveller’s cheques are pre-printed, fixed-denomination cheques that are widely used by travellers as a secure and convenient form of payment when traveling internationally. They are typically issued by major financial institutions and can be exchanged for cash or used for purchases at various locations.

How to fill a traveller’s cheque

To fill out a traveller’s cheque, follow these steps:

The first thing you need to do is to get a traveller’s cheque from a bank or financial institution They will typically provide you with a pack of cheques in various denominations.
Write the current date on the date line provided on the traveller’s cheque in the format DD/MM/YYYY.
In the “Pay to the Order of” line, write the name of the person or entity to whom you are making the payment. This could be your own name or the name of another recipient.
Then, write the numerical amount you wish to issue the cheque for. Make sure that the amount is within the denomination specified on the cheque.
Sign your name on the signature line provided on the cheque. It’s important to do this in the presence of the recipient when cashing or using the cheque to verify your identity. The signature should match the one you use when the account was opened.