How to Write a Cancelled Cheque: Explained
The financial sector is always bringing something fresh, isn’t it? Still, some tools continue to be important, though they are not part of direct money transactions. The cancelled cheque is one such tool. Although this instrument cannot be used to withdraw funds or pay, its role in banking and verification of money is irreplaceable. In this post, we’ll discuss in detail what it is, how to properly write one, and why it’s most often demanded in all manner of monetary and legal procedures.