{"id":776,"date":"2023-04-06T14:24:19","date_gmt":"2023-04-06T14:24:19","guid":{"rendered":"https:\/\/vistasigns.co.za\/?p=776"},"modified":"2024-12-12T10:38:33","modified_gmt":"2024-12-12T10:38:33","slug":"what-is-cheque-definition-characteristics-types","status":"publish","type":"post","link":"https:\/\/vistasigns.co.za\/index.php\/2023\/04\/06\/what-is-cheque-definition-characteristics-types\/","title":{"rendered":"What Is Cheque? Definition, Characteristics, Types, Parties"},"content":{"rendered":"

\"what<\/p>\n

Many new ATMs do not use deposit envelopes and actually scan the cheque at the time it is deposited and will reject32 cheques due to handwriting incursion which interferes with reading the MICR. Terms of service for many mobile (cell phone camera) deposits also require the MICR section to be readable. Not all of the MICR characters have been printed at the time the cheque is written, as additional characters will be printed later to encode the amount; thus a sloppy signature could obscure characters that will later be printed there.<\/p>\n<\/p>\n