What are the parts or elements of a cheque? It is important for you to know the elements of a cheque to ensure that the cheque is properly written since a duly completed and signed cheque acts as an authority to the drawee bank to withdraw...
What is the foreign cheque clearing process in Malaysia? If you deposit a foreign currency denominated cheque issued by an issuer from that foreign country (e.g., the cheque, denominated in Pound Sterling issued by a person residing in the UK and the...
Is an undated cheque valid? Can I cash an undated cheque? Section 4(a) Bills of Exchange Act 1949 (Act 204) provides that a bill is not invalid by reason that it is not dated. Where the date has been omitted, it is generally considered that a holder...
