The conversation between human and AI assistant.
What is the difference between a crossed cheque and an account payee cheque?
Sure, I would like to know more about order cheques.
An order cheque is a cheque where the payee's name is written on the cheque itself. This means that only that specific person or entity will be able to cash the cheque, and no one else. It is also possible for the payee to endorse the cheque to someone else, in which case the cheque can be deposited or cashed by the person who has received the endorsement.