With the turn of the century, cheque writing has become a rare phenomenon. At one point in time, drawing up a cheque was amongst the most popular means of exchanging funds. With other, more convenient and electronically facilitated means of banking coming up, most people rarely use their cheque book. Unfortunately, in the rare circumstance where writing a cheque becomes imperative, they are naturally unsure of what to do and thus often falter. And banks are unforgiving when it comes to mistakes on cheques. So, here are some tips on how to write a cheque.
1. Pen Down the Date
Most cheques have a blank space for you to fill the date in, in the upper right-hand corner. The first step should be filling in the appropriate date, which should ideally be the current day’s account. One should avoid post-dating a cheque for if the payee presents it before the mentioned date, it will get rejected by the bank. The date may be written in any standard format – dd/mm/yyyy, mm/dd/yyyy or Month dd, yyyy. A lot of newer cheque books have half of the “year” numerals already printed, and you simply have to fill in appropriate suffixes in “20__”. In other cases, the desired format for dating it may be prescribed too.