Tags Banking

Animals & Plants Arts & Entertainment Auto Beauty & Health Books and Literature Business Electronics Engineering & Technology Food & Drink History Hobbies Jobs & Education Law & Government Math People & Society Science Social Studies Sports Travel & Places

0

Subjects>Business>Accounting

What is cheque truncation?

Anonymous

∙ 10y ago

Updated: 9/24/2023

A cheque is a money order

A truncation is something that is cut short.

The two words together make no sense.

Wiki User

∙ 10y ago

Still curious? Ask our experts.

Chat with our AI personalities

Judy

Simplicity is my specialty.

Chat with Judy

Beau

You're doing better than you think!

Chat with Beau

Maxine

I respect you enough to keep it real.

Chat with Maxine

Add your answer:

Earn +20 pts

Q: What is cheque truncation?

Write your answer...

Submit

Still have questions?

imp

Continue Learning about Accounting

How do you check a cheque?

To check a cheque, you must check if the cheque is checked by checking the checked cheque of checking a checked cheque as a checker.

What is the function of a cheque butt?

Functions of a cheque butt

When does a cheque bounce?

When either of the below happens: * Not enough funds in the account to pay the cheque * Signature of the cheque issuer does not match with the signature in the cheque * Cheque is expired (Date of cheque is before 6 months from date of deposit) * There are any over-writings in the cheque without being counter signed by the cheque issuer.

What is a copy of a cheque called?

duplicate cheque

What is a CAS cheque?

cas cheque

Trending Questions

Is salaries payable a long term liability? Do you have to pay tax on cash gifts from family members? How do I word a letter to send to credit bureau to remove things that have been paid off? How does a cash transaction differ from a credit transaction? How do you write a check for 103.06? What is new government accounting system? What is a ZWRKBNCH code in GCSS-Army? Where can someone start paying off credit card debt using a check? The role of ict in banking sector? Does administrative expenses appear on the income statement? What do you call a person who signs a check? What is the journal entry for paid notes payable? What is Bibliographical entry? What are used to give bank customers electronic access to their accounts by way of a card and a personal identification number? How much do you gross to net 47000? What do local taxes pay for? Should a small business turned to the IRS for collecting delinquent payments? The balance in Allowance for Doubtful Accounts must be considered prior to end of period adjustment when using what methods? This type of balance features unlike on either side of an imagianry line? What are the 6 steps to developing a basic budget?

Related Questions

What is truncation of cheques?

Cheque truncation (check truncation in American English) is when a physical (paper) cheque is converted into an electronic form for transmission to the paying bank over the internet. This basically avoids having to physically move the cheque between banks, etc.

What is meant by truncation?

To shortenThe term truncation means shortness or cut off. An example of truncation is when a meeting or any scheduled convention has to be cut short for any reason.

What is truncation searching?

Truncation is a search method that allows you to find documents containing variations on a search term. To do a truncation search, type the first few letters (stem) of the keyword followed by an asterisk (*).

What is implied by truncation?

Truncation is used after the base or root of a word in order to include all the extensions of that particular word

How do you calculate truncation error?

The truncation error is the difference between two sides of an equation. Each side has an error value which can be compared.

What is truncation mutation?

Truncation mutation is a type of mutation that results in the premature termination of the protein synthesis process. This leads to the production of a truncated or incomplete protein which may be nonfunctional. Truncation mutations can have serious consequences on the structure and function of the protein.

How do you check a cheque?

To check a cheque, you must check if the cheque is checked by checking the checked cheque of checking a checked cheque as a checker.

Is the correct grammar a cheque of or a cheque for?

cheque of is a right grammar!

Difference between order cheque bearer cheque?

A person holding the cheque can collect the amount if it is a bearer cheque. The payee (i.e. the person in whose favour the cheque is issued) only or his authorized person only can collect the amount of the cheque if it is an order cheque

Is a cheque also called a cheque leaf?

Yes. A Single cheque is also called a cheque leaf

What is the function of a cheque butt?

Functions of a cheque butt

What is truncation on a 1971 dollar coin?

For any coin, it's the sharply cut off bottom edge of a portrait or bust. The coin engraver's initials are often found on the truncation.

Still have questions?

imp

Resources

Top Categories

Product

Company

Copyright ©2025 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.