Cheques Returned with Statement
Definition
- All original cancelled cheques are returned to the account holder in monthly statement.
Synonyms
mailed statement, receipt
Alternate Spellings
Checks Returned with Statement
Related Terms and Acronyms
- Cheque (CK) — Acronym,
- A written order for payment of a certain amount of money.
➥ Bank account transaction code. - Cheque Clearing — Definition,
- When you write a cheque to a person or a company, the cheque is typically cashed when deposited into a bank account. Your chequing account is then debited for the amount of the cheque and the cheque is said to have "cleared."
- Direct Cheque Printers — Definition,
- These operations offer lower prices and greater selection than chequing customers get through their banks. Many of these printers are also printing cheques for banks that use outside printers. Customers must supply most direct cheque companies with a voided cheque or a reorder form from a current batch of cheques and a deposit slip. Names and addresses must match with information on file at the account holder's bank.
