Knowledge Base Issues

Which technique should be used to fill in a cheque? Must a signature be made in the signer's own hand?
A cheque must be filled in using one of the methods below: Computer printed Typewritten, for example by using a typewriter. However, a word of caution though, as it appears that it is possible for...
What can I do if the cheque I banked in was returned to me for reason "account closed"?
You will have to recover the amount directly from the person who issued the cheque to you.
What types of current account are available in Malaysia?
As an individual, you can open the following current accounts: Personal current account under your name; or Joint current account which is operated by you jointly with others, e.g. Any one of 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...
What is a post-dated cheque? Can I deposit or cash a post-dated cheque? Is post-dating a cheque illegal?
A post-dated cheque is a cheque issued with a written date in the future or dated after the date of issue. Section 13 (2) of Bills of Exchange Act 1949 (Act 204) A bill is not invalid by reason...

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