open cheque
uncrossed check a check that is not crossed and so may be cashed by the payee at the branch of the bank where it is drawn.
Related definitions of "open cheque"
- See also crossed cheque
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uncrossed check a check that is not crossed and so may be cashed by the payee at the branch of the bank where it is drawn.
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
Definitions of ’open cheque’ and meaning of ’open cheque’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’open cheque’ and other financial terms with our online QFINANCE Financial Dictionary.