Home > Term: cheque card
cheque card
Also: check card (US). Card issued by a bank for accountholders who are members of a cheque system. The bank promises to cash cheques up to a certain amount provided that the signature and account number on the cheque and the cheque card are identical and the cheque card number is noted on the back of the cheque.
- Part of Speech: noun
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
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Creator
- Stefan K
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