Different Types of cheque.

1. Bearer Cheque

At the point when the words "or carrier" showing up on the face of the check are not crossed out, the 

check is known as a carrier check. The conveyor check is payable to the individual determined in that or to whatever other else who presents it to the bank for instalment. Nonetheless, such checks are dangerous, this is on account of if such checks are lost, the discoverer of the check can gather instalment from the bank.

2. Order Cheque

A cheque presents by the bearer marked 'pay order ' is order cheque. It is payable only after indication of the payee by bank. moreover, when the word "bearer" appearing on the face of a cheque is cancelled and when in its place the word "or order" is written on the face of the cheque, the cheque is called an order cheque. Such a cheque is payable to the person specified therein as the payee, or to any one else to whom it is endorsed (transferred).

3. Uncrossed / Open Cheque :

When a cheque is not crossed, it is known as an "Open Cheque" or an "Uncrossed Cheque". The payment of such a cheque can be obtained at the counter of the bank. An open cheque may be a bearer cheque or an order one.

4. Crossed Cheque :

Crossing of cheque means drawing two parallel lines on the face of the cheque with or without additional words like "& CO." or "Account Payee" or "Not Negotiable". A crossed cheque cannot been cashed at the cash counter of a bank but it can only be credited to the payee's account. There are two types of crossed cheque.

I) General Cross.

ii) Special cross.

I) General Cross :

It consists of drawing two parallel or transverse lines across the face of a cheque without the addition of any words. Generally and co.,not negotiable, a/c payee, payee's a/c, less than 10000$ etc are written between the two lines.

ii) Special  cross :

It may be used in order to further restrict the negotiability of the cheque, for example by adding the name  of payee's bank. Bank or branch name, bank ohy's account,  bank or branch name SB a/c no. 777777, city bank for collect HSBC, etc word are written between the two lines.

5. Anti-Dated Cheque

If a cheque bears a date earlier than the date on which it is presented to the bank, it is called as "anti-dated cheque". Such a cheque is valid upto

three months from the date of the cheque.

6. Post-Dated Cheque

If a cheque bears a date which is yet to come (future date) then it is known as post-dated cheque. A post dated cheque cannot be honoured earlier than the date on the cheque.

7. Stale Cheque

If a cheque is presented for payment after three months from the date of the cheque it is called stale cheque. A stale cheque is not honoured by the bank.

8. Market cheque

The cheque which is used for payment of purchased product from a particular market is called market cheque. Generally it's used in developed countries.

9. Gift Cheque

cheque is used for or as gift is called gift cheque. It is well furnished made like prize bond and the money against such cheque can be got from any branches of particular bank.

10. Certified Cheque

The permission or approval of manager is to be taken before cheque cashing for for which cheque is call certified cheque. Generally to withdraw bigger amount or more amount than his savings account, the managers approval is needed.