Disadvantages of using cheque as a means of payment
- Requires payee to travel to the bank.
- Cheques may be dishonoured
- Bank charges are paid
- Can only be issued by the holder
- Not readily acceptable by everybody.
- Can only be issued by an account holder
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Can anyone forge such a cheque because I have someone who has sent me a pic of similar equity cheque and he even called me on video so that I can see the cheque with him, I need ur help so that am not scammed…..he claims to be traveling to my country so that we can go to the bank to cashout the cheque…