Banking

How to transfer money through cheque

To transfer money using a cheque in India, follow these steps:
  • Write the current date in the top-right corner.
  • Enter the recipient's name in the Pay field.
  • Specify the amount in both words and figures in the designated boxes.
  • Sign the cheque at the bottom-right, ensuring it matches your bank records.
  • To ensure a safe transfer directly to the recipient's bank account, draw two parallel lines on the top-left corner and write A/c Payee.
  • Deposit the filled cheque into the bank's drop box or hand it to a teller with a deposit slip.

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