TAILIEUCHUNG - Lecture Retail and merchant banking – Lecture 25

After studying this chapter you will be able to understand: Features of a cheque, types of cheques, anted – dated cheque, stale cheque, mutilated cheque, parties to a negotiable instruments, holder in due course, banker and customer,. | Revise Lecture 25 Features of a Cheque Cheques Features of a Cheque Some important features of a cheque are given below; A cheque must be in writing and duly signed by the drawer. It contains an unconditional order. It is issued on a specified banker only. Types of Cheques Cheques Broadly speaking, cheques are of four types; Open cheque Crossed cheque Bearer cheque Order cheque Anted – dated Cheque Cheques Stale Cheque Cheques Stale Cheque A cheque which is issued today must be presented at bank for payment within a stipulated period. After expiry of that period, no payment will be made and it is then called a stale cheque. Find out from your nearest bank the validity period of a cheque. Cheques Mutilated Cheque Cheques Post-dated Cheque Parties to a Negotiable Instruments Negotiable Instrument The important parties to negotiable instruments are; Promissory note: Maker Payee Endorser Endorsee Negotiable Instrument Bill of Exchange: Drawer Drawee or acceptor Endorser Endorsee .

• Marketing - Bán hàng
• Merchant banking
• Retail banking
• Lecture Retail and merchant banking
• Banking system
• Mutilated cheque
• Negotiable instruments
• Public issue management
• History of Banking
• Banking system in Pakistan
• Pakistan Banking
• History of Pakistan Banking
• Branch banking
• Unit banking
• Group Banking
• Universal banking
• Asset management banking
• Basic lending principles
• Venture capital
• Financial services
• Project cost
• Profitability management
• Safety Issues
• Classification of loans
• Lending policies
• Evaluation of loan proposals
• Discounting of bills
• Negotiable instrument
• Promissory notes
• Bearer cheque
• Types of cheques
• Banker’s right
• Deposit account
• Types of deposit account
• Categories of securities issue