As the name suggests, a cancelled cheque has no monetary value. It is a common know-your-customer (KYC) document and is used for verifying the bank account ...

A canceled cheque can be of a greater value than you might think. A canceled cheque may sound like a cheque which is not eligible for any financial transactions, but it is one of the most ...

As the name suggests, a canceled cheque is one that is crossed and the term "Cancelled" is written on it. Except this, nothing else needs to be written on the cheque.

A cancelled cheque may look trivial, but its importance is huge. It not only verifies your details, but also saves you money from going to the wrong place. Disclaimer: This content has been ...