What is self cheque

A self cheque is a type of cheque issued by an account holder to themselves, primarily used to withdraw cash directly from their own bank account or to transfer funds between their accounts. To issue one, the account holder writes "Self" in the payee section. Key features include:

• Enables cash withdrawals exceeding daily ATM limits.
• Can only be encashed at the specific bank branch where the account is held.
• Serves as a reliable alternative when digital payment systems are unavailable.
• Requires careful handling, as a lost self cheque can be misused by others.