Este contenido está disponible en los siguientes idiomas: Español | Inglés

Or cheque (Br. English). A document through which a person named drawer, orders a bank (drawee) to pay to another person named payee or holder. This document serves to not pay by cash. It is usually quite common between businesses and between employers and employees.

Some of the characteristics possessed by the checks are: - When presented, it should be paid without restriction - If there are insufficient funds, they will be paid partially. - Presenting the collection must be made within 15 days from the date of issue in Spain, 20 in Europe and 60 for the rest of the world.


How to balance your checkbook

How to balance your checkbook