GLOSSARY

Canadian Financial, Real Estate and Mortgage Glossary

How often this word is used
 
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38% - Moderately

Personalized Cheque


Synonyms:custom cheque, customized cheque, personal cheque
Filed Under: financial-banking
Tags: banking
 

Definition of personalized cheque

personalized cheque
1. A cheque that has an individual's name, address, and account number printed on it.

Related Terms and Acronyms:

  • cheque (CK)   A written order for payment of a certain amount of money.
      ➥  Bank account transaction code.
  • cheque book   A book with blank cheques. The cheques may be personalized or non-personalized.
  • cheque clearing   When you write a cheque to a person or a company, the cheque is typically cashed when deposited into a bank account. Your chequing account is then debited for the amount of the cheque and the cheque is said to have "cleared."
  • nsf   NSF means Non-sufficient Funds.
  • payee   The name of the person to whom the money in a cheque is to go.
  • payor   One who makes a payment to another party.

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