IF I want the person leave a record at bank,I write his/her name BUT NOT WRITE CASH.


"A/C Payee Only" and Cash Cheques

You've probably heard these 2 terms before. If you must issue a cash cheque (that is, without a name such that anyone may go to your bank branch and take money out), you have to


'cross' the part of the cheque, with either one or two straight perpendicular lines, that says



"A/C Payee Only" and sign again beside that part.




Be very careful, though, because once you do this, the cheque is effectively cash and anyone can take it to your bank branch and withdraw the money.




why no need cross it??

This post has been edited by PLOUFFLE: Jul 4 2015, 02:38 PM

for once i lose 200 ringgit trying to bank in a cash cheque into my account, i didnt know its a cash cheque until the issuer told me. clearly 1 of the bank staff is 200 ringgit richer.

you got receipt right??
ask manager mah...got cctv.....

make sure the name match the IC and not name of company etc
sign on signatory and also next to the payee acc only

This post has been edited by TheEvilMan: Jul 4 2015, 02:46 PM

no need cross the account payee only meh????
can i write CASH on the CHEQUE?

i never cross just sign on the payee only area
cash no longer valid, must be name matching the withdrawal person IC

This post has been edited by TheEvilMan: Jul 4 2015, 02:52 PM

If your name on the cheque, only u can have the money not the bank staff or anyone.
and if u cheque got reject or kena tendang, it will not deduct the money in account.
so u can tell the issuer to keluarkan cheque baru.

Branch staff might have not done anything...
Cheques all sent out for processing...to somewhere without cctv.

i think he meant by cheque with "cash" on the name section, but then isn't that not allowed already?

must summon cheque writer expert lucifah

they still can if the 'atau pembawa/or bearer' wordings are not crossed.

this maybank cheque has the 'atau pembawa/or bearer' wordings xxx-ed out.



this hsbc cheque hasn't:



this is what lucifah told us before.

so don't think just because the cheque has your name doesn't mean someone else cannot bank into their account...

SO Must cross the word lah???

yes, must cross the word if you ask someone else to deposit the cheque on your behalf.

if you yourself go to the cheque deposit machine, then probably ok not to cross those words out.

if i want my receiver get cash on bank?should cross or not cross?

yang aku tau cash cheque kena 2 tandatangan satu yang kat bawah satu lagi kat sebelah macam cheque HSBC tu. untuk keselamatan letak nama penerima dan no account. kalau cheque tu kosong takde nama tapi tandatangan semua complete habislah.

cash cheque kena cashkan kat branch yang account tu di buka.

kalau kau x cross diorang kena proceed macam biasa (tunggu 1-2 hari) tapi kalau cross 30 minit settle.

kalau ko x croseed tetiba stok atau barang ko order tu PROBLEM ( aku consider ko dealer lah . penerima cheque tu supplier) ko boleh call bank suruh stop cheque tu dulu.

cash cheque kena cashkan kat branch yang account tu di buka.are you sure???

nombor account kena tulis???kasi cash pun kena tulis penerima punya account nombor?

yes need to cash out from issuer bank
nombor account is optional i think, they are advising u if u want to be 100% safe
since on my case, i dun cross and only put receiver name, 2 signature one at signatory and another next to payee only

yup. nak cashkan cheque tu kena branch yang dia bukak.. kalau ko bukak kat Kedah...tapi penerima kat Selangor......


kalau ko nak kasi cash. tulis nama penerima tu AAAA bin ABCDEF . pastu tandatangan apa semua la. no penerima kat belakang cheque tu BIAR TUAN PENERIMA tu isi. ko x payah susah susah.


cash cheque 100% ko kena pergi kaunter. kat situ on-the-spot mmg settle.

aku ada cheque book tapi kurang guna. each time nak guna tandatangan mesti silap. bila aku Tanya orang bank tu ...

saya nak tengok tandatagan saya sendiri boleh ?


dia tengok aku lain macam.

Btw, must the amount be in rounded figure or can you cash out even the cents ?
Has anyone done this before ?

huh???you sure need to wait 1 - 2 hari kalau kau x cross ??so long..then why need cash cheque？normal cheque nowadays take 2 days proceed only...

ko beli barang ke apa ni ? kalau ko cash CHEUQUE ..bila orang tu dah dapat CASH ko tak boleh CANCEL apa apa pun tau.

kalau ko x cross atau follow normal prosedur need 1 to 2 days. kalau ada masalah ko boleh call bank to stop cheque.

1. yes, the problem with cash cheques is that you need to cash in person at the branch issuing the cheque.

which is a problem if you get a cash cheque from KL branch while u are in JB...

2. no, no need account no. for receiver.

cash means cash, you bring the cash cheque to the branch counter, straight away you get cash money.

you wanna cheong/buy toto/deposit into another bank using that other bank's cash deposit machine is up to you...

if not crossed at a/c payee, that is not cash cheque already la...

the bank will give the exact amount as stated on the cheque.

no matter if it's to person/company or cash...

Sain kat atas

what do you mean by this?

you want receiver to bring your cheque to the bank and straight away get cash?

then write 'cash' (without the ' '), cross out the a/c payee only and countersign on it

(like what the HSBC cheque showed).

but as mentioned by everyone else, it will mean anyone can get cash money immediately if they cash it, not just your intended receiver.

why you didn't go to counter?

AFAIK cash cheques cnnot be deposited using cheque deposit machine, must go to counter...

ye ke kalau letak nama dan account no. selamat?

if cash cheque mana ada letak nama dah.

account no. pun isi kat belakang, itupun technically anything written at the back is not the official instruction/arahan, just as a guidleine.

of which the processor have no obligation to follow....

i have deposited cheque without putting account no. at the back, still processed and correctly went to my account...

nope, if cash cheque the bank doesn't care if name wrong or not.

because by countersigning the 'a/c payee only' on the top of cheque means you allow the bank to proceed payment regardless of the person cashing in the cheque in the intended person or not...

that is the reason why cash cheques are extremly discouraged...

memang la macam tu, bagus budak counter bank tu.

mana tau kau curik chequebook orang lain pastu memandai buat cash cheque...

this shows that you are not a suitable person to use a chequebook, as you can't even remember or use a single signature...

lantak lah. orang semua pakai online banking. sekarang pakai ATM pun boleh transfer ATM ke ATM.

kalau ko niaga juta juta wajib la cheque

as i said, i didnt check its cash cheque or normal ac payee cheque, i called the bank, they said thats my fault, technically they wont admit its their staff swallowed the money.

may i know which bank???
you should send a compalint e-mail to bank negara.2 day later ,you will receive the bank kl hq call...
i try a lousy bank service on credit card issue,after that the staff become super friendly with me...

maybank, but that case was like 10 years ago, i was still very young, didnt know much about cheque, complains etc, just noob on everything.

i think u r the real cheque master here

personally i use bank transfer only, dunno much and dun bother use cheque book tho

thanks, but i should give credit to lucifah for the 'or bearer/atau pembawa' part.

most ppl won't ever use cheque or cheque books, as it requires a specific type of account (current account) and not simply any savings-type account.

at most, you'd probably use a banker's cheque or bank draft if the payment requires a cheque instead of cash.

every few months or so, there will always be a tered about cheques...

and usually most ppl especially KITT will come and give the wrong info or the unsafe method of using cheques...

(in short, cash cheques are bad)...

the only books i ever finish reading are cheque books

cash cheques are as risky as CASH itself. i only use CASH cheque if i need to withdraw cash MYSELF

if the other party want CASH, he has to withdraw from his own account or i give him CASH on the spot and the rest is his own risk.

both your cheque formats example are seriously outdated

get examples from latest BNM approved cheque format

edit:



this part i can tell you it's not true. you write name oso it will only state CASH WITHDRAWAL in your statement

plus 50 sen cheque processing fee and 3 sen GST

This post has been edited by lucifah: Jul 5 2015, 08:39 AM

apa figure oso you can put

as long as it is not half-cent

butul. CASH cheque u masuk use machine, if the clerk is not honest, he will be veli veli hepi withdraw mani for u

if clerk is honest, will call the intended payee (if got phone number written at the back) or payer (based on bank record)

niaga 15 ribu pun dah kena pakai cek bang...

transfer online ni limit kecik sgt. kak zeti tak buat pindaan lagi.

aku tak tau samada nak tutup current account atau keep on
macam membazir sahaja sebab sekarang setiap cek kena caj, lama dah tak pakai

aku baru je Nampak ads maybank RM 50k online transfer boleh buat sekarang ni

kalau ko punya incoming dengan outgoing statement guna cheque ko senang nak buat loan.

tulah, tapi ingat nak transfer ke asb lagi bagus sebab fikir banyak untung..
billing bayar semua savings account

aku prefer currenct account. nak loan senang. nak kredit kad senang. beli rumah senang. beli kereta senang.

kurang kurang untuk ko buat semua tu account bank ko mesti 1 tahun keatas. dan sentiasa aktif.

Cheque guna atau tidak doesn't matter.

okay bro, noted
thanks

Maybank2e

Servis rm10 sebulan

Pastuh cuma intra bank transfer