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A blank cheque or blank check in the literal sense is a cheque that has no monetary value written in, but is already signed. In the figurative sense, it is used to describe a situation in which an agreement has been made that is open-ended or vague, and therefore subject to abuse, or in which a party is willing to consider any expense in the pursuance of their goals.
Blank endorsement of a financial instrument, such as a cheque, is only a signature, not indicating the payee.The effect of this is that it is payable only to the bearer – legally, it transforms an order instrument ("pay to the order of (the payee)") into a bearer instrument ("pay to the bearer").
A cheque (or check in American English; see spelling differences) is a document that orders a bank, building society (or credit union) to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued.
These checks allow you to write a check against your available credit and deposit the check wherever checks are accepted — in your own bank account, with a retailer or utility provider and so on.
Many checking accounts come with a starting set of free checks, usually containing 100 to 150 checks, upon opening, but once those run out, you’ll need to buy more.. Ordering checks from the ...
At time of publishing, we stumbled upon a 20% discount on business checks, a “just because” 20% discount on personal checks and a new customer discount: $6.49 per pack plus free shipping.