Various types of documents are provided to the customers while opening a bank account. Where the checkbook is also present. Nowadays the use of checks is decreasing. Transferring money must have become easier when the era of UPI came. In such a situation, you know that two lines are made on the cheque. The current new-generation Czech users may not be aware of these two lines. We are giving you its information in this article.
Checks are used to transfer money from one person's bank account to another person's account. The check can also be used to withdraw cash for yourself when you visit a branch. Checks are a very old method of payment that no longer exists today.
For example, a check includes the account holder's signature, face number, payee's name, bank details, and date. Apart from this, two parallel lines are drawn on the cheque, which will surprise you. It means that the amount shown on this check cannot be redeemed.
