Check
From Marteau
(Difference between revisions)
Revision as of 00:46, 10 January 2008 Steve Woods (Talk | contribs) ← Previous diff |
Current revision Steve Woods (Talk | contribs) |
||
Line 1: | Line 1: | ||
- | A check was a hand-written note to a banker requesting a certain sum be paid to an individual (The [[payee]]) by the bank (the [[Drawee]], Acceptor and [[payer]]) for the person who wrote it (The [[Drawer]]). This is a type of [[Bill of Exchange]]. The typical text was as follows: | + | A check was a hand-written note to a banker requesting a certain sum be paid to an individual (The [[payee]]) by the bank (the [[Drawee]], Acceptor and [[payer]]) for the person who wrote it (The [[Drawer]]). This is a type of [[Bill of Exchange]]. |
- | Date and location | + | The typical text was as follows: |
- | + | ||
- | Please to pay to [[payee]] or order (Sum of money written out) | + | |
- | + | ||
- | and place the same to [[drawer]]. | + | |
+ | (Date and location) | ||
+ | Please to pay to ([[payee]]) or order (Sum of money written out) | ||
+ | and place the same to ([[drawer]]). | ||
per yours, | per yours, | ||
- | + | To ([[Drawee]]) (Signature) | |
- | To [[Drawee]] (Signature) | + | |
Source: | Source: | ||
RBS Group. ''The Story of Banking: A history of British Banking.'' http://www.rbs.com/about03.asp?id=ABOUT_US/OUR_HERITAGE/OUR_HISTORY/STORY_BANKING/BRITISH_BANKING | RBS Group. ''The Story of Banking: A history of British Banking.'' http://www.rbs.com/about03.asp?id=ABOUT_US/OUR_HERITAGE/OUR_HISTORY/STORY_BANKING/BRITISH_BANKING |
Current revision
A check was a hand-written note to a banker requesting a certain sum be paid to an individual (The payee) by the bank (the Drawee, Acceptor and payer) for the person who wrote it (The Drawer). This is a type of Bill of Exchange.
The typical text was as follows:
(Date and location) Please to pay to (payee) or order (Sum of money written out) and place the same to (drawer). per yours, To (Drawee) (Signature)
Source:
RBS Group. The Story of Banking: A history of British Banking. http://www.rbs.com/about03.asp?id=ABOUT_US/OUR_HERITAGE/OUR_HISTORY/STORY_BANKING/BRITISH_BANKING