Service Summary

Check is a kind of bill of exchange that the drawer draws and entrusts the bank or other financial institutions to pay the beneficiary/drawee/check holder on sight the specified amount of money unconditionally.

Features

•  Four types of checks are offered with the bank, cash check, transfer check, crossed check and general check. Among them, the cash check can only be used to withdraw cash, the transfer check and the crossed check are for transfer purpose only, and the general check enjoys both.

•  Settlements in the same exchanging area can be made via check.

•  Check is registered, and can be reported of loss, and can be transferred by endorsement.

•  No threshold in amount.

•  Valid period up to 10 business days.

Business Processing

•  Open settlement accounts as may need.

•  Fill out with signature the Receipt of Bills and Settlement Vouchers.

•  Obtain checks after examined by the bank.