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What is Bearer Cheque. How to draw Bearer Cheque and it's benefits
BEARER CHEQUE: The word Bearer itself means "possessor of Cheque". The bank cashier pays the cheque amount to any person who presents it at cash counter. These types of cheque are risky as any one can get it cashed at cash counter. It is recommended to draw Bearer Cheque when the person to whom you have to make payment is trustworthy. # ...
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