Bank Cheque Tips: Cases of fraud (cyber fraud) related to money are increasing nowadays. Fraudsters are also finding new ways of doing this every day. Fraudsters also cheat customers through cheques. Therefore, it is necessary that you use cheques (bank cheque rules) wisely and also keep all the important things in mind. It is very important to use cheques carefully, otherwise your entire amount can be wiped out from the account.

1. Do not sign on blank cheques-

If you ever sign on a blank cheque (Bank Cheque using tips) even by mistake, then understand that your account is empty. Never make such a mistake, it can end all your savings. Anyone can misuse such cheques (wrong use of Bank cheques). By signing a blank cheque and giving it, anyone can fill in the amount as per their wish and blow away all your money. Do not sign a blank cheque (Cheque bounce ke karn) and keep it with you. Someone can steal it and misuse it.

2. Keep this in mind in a cancelled cheque-

Whenever you cancel a cheque (cancel bank cheque), do not leave much blank space in the cheque. Write cancel in such a way that a cross of cancel is made on every column. Before giving a cancelled cheque to someone (Cancel Cheque rules), it is better to tear the MICR code band off the cheque. Only after this write cancels on it. If you keep these things in mind, the cheque will not be misused.

3. Do not forget to cross the cheque-

To use the cheque safely, make sure to cross it (Cheque rules), so that no other person will be able to misuse the cheque.

4. Check the money in the account before issuing the cheque-

It would be better to check before issuing a cheque to someone whether you have that much money in your account (Account Balance) or not, for which you are issuing the cheque. If this is not done, the cheque given to you may bounce and your problems may increase.

5. If your cheque bounces in the absence of money, it is considered a crime and the bank can impose a penalty on you (Penalty for Cheque Bounce). Apart from this, the person who has taken the cheque from you can sue you.

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