In simple words, a cheque is an order to a bank to pay a particular sum of money from the account of the issuer of the cheque ...
Whether the cheque in question was authentic or part of a clever viral stunt, the situation highlights an important point: many people still struggle with understanding basic financial procedures.
A post is going viral on social media where a woman entered "as much money as in the bank" in the amount section of a cheque. Read more to know the details of the story.
A major bank will no longer allow its 1.2 million customers to deposit cheques, as the finance sector continues to digitise in line with the demands of modern consumers.
SEREMBAN: Bank Muamalat Malaysia has denied claims that it refused to accept a cheque from a customer here last week because it was "non-halal." Its head of banking operations Muhamad Radzuan ...