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Count the number of cheque leaves in your cheque book when you receive it, to ensure that none of the blank
cheques have been removed |
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Keep your cheque book in a safe and secure place - do not leave it unattended at any time |
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Refrain from signing blank cheques and ensure to sign cheques only where complete details
are mentioned |
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Remember to cross cheques as 'Account Payee' if they are not being used as bearer cheques |
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Strike off any blank spaces on the cheque before signing it |
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Do not leave extra spaces between words or figures, to minimise chances of alteration |
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Maintain a record of cheques issued in the journal pages, usually placed in the beginning of your cheque
book. This will help you to keep track of the cheque series and spot any missing or unrecorded cheques |
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When you need to cancel a cheque ensure that you scribble over the MICR band and
write 'CANCEL' across
the face of the cheque. Preferably tear the portion where the cheque
is signed |
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Ensure to use (both issue and deposit) CTS - 2010 compliant cheques (Cheque Truncation System) as they are
scrutinised and recognised through image-based processing, thereby deterring cheque frauds |