Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
This states that a cheque can only be paid into the account of the person name on the cheque, the payee. This effectively means that the payee cannot sign the cheque over to another person.
This states that a cheque can only be paid into the account of the person name on the cheque, the payee. This effectively means that the payee cannot sign the cheque over to another person.