5 Things to Keep in Mind While Writing a Cheque

If you want to issue a cheque to someone then there are a few things that you should keep in mind. These are important to make sure that your cheque is cleared properly. In this guide, I have explained 5 things that you should keep in mind while you are writing a cheque to someone.

writing a cheque

1. Don’t Make Mistakes While Writing the Payee Name

While writing a cheque the first thing most people start with is the name of the payee. (beneficiary) During this time special care should be taken.

You should make sure that the name of the person is mentioned correctly. And also make sure you leave enough space between the first and the last name of the payee.

2. Fill the Date Correctly

Once you have filled in the name of the beneficiary of the cheque. The next thing to be filled in is the date on which you are issuing the cheque.

In India, the cheques are valid for a period of 3 months from the date of issue. So make sure you mention the right date.  If you mention the day, month or year incorrectly. Then the cheque will be dishonored by the bank.

3. Mention the Monetary Value Correctly

After filling in the name of the beneficiary and the date on which you are issuing the cheque. The next thing to do is to fill in the monetary value of the cheque.

This is the amount that you want the bank to pay to the beneficiary. You have to fill the amount of monetary value twice. (both in words and numbers)

4. Sign the Cheque Properly

Now you are almost done, you have filled in the name, date, the amount in words, and the amount in numbers. It is not time to check all the details.

You have to make sure that all the details are correct. If you find everything correct then you have to now sign the cheque.

These days the cheques have the name of the account holder and the account number printed on them. So you just have to make your signature above your name that is the authorized signatory.

5. Don’t Strike Out and Overwriting

The last thing to note is you should not strike out anything and overwrite it on the cheque. The bank may dishonor the cheque if it notices anything like this.

So while you are writing a cheque you should do it correctly without any mistakes.