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Home > QFINANCE Dictionary > Definition of electronic cheque

Definition of

electronic cheque

E-Commerce

means of paying electronically a payment system in which fund transfers are made electronically from the buyer's checking account to the seller's bank account.

Related definitions of "electronic cheque"

electronic cheque - Related Articles
  • Business Implications of the Single Euro Payments Area (SEPA)

    Best Practice

    enabling them to centralize their financial accounting, cash, and corporate treasury management functions. SEPA affects card payments as well. Holders of Euro Cheque (EC) cards and credit cards can use them within SEPA to make payments at their usual national rates.
    By Juergen Bernd Weiss

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Definitions of ’electronic cheque’ and meaning of ’electronic cheque’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’electronic cheque’ and other financial terms with our online QFINANCE Financial Dictionary.

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