You can apply for a new cheque book by visiting your bank, through mobile banking or online banking as well. If you have clear records, then your cheque book request will be accepted and a small fee will be levied for the new cheque book. If you have issued all your cheques then you can request for a new chequebook at your bank. A new chequebook will be issued only 6 months after the previous book was issued and hoping no cheques returned unpaid to the bank. Some banks offer a free chequebook for the first time after account opening while some levy some charges.Īs per the regulation of the Central Bank of UAE, a chequebook should contain a maximum of 10 cheques. Usually, most of the banks in the UAE offer a chequebook when an individual opens a bank account with them. This number is used to represent the cheque you have issued. Cheque number – Every cheque in the cheque book is given a unique number.While writing a cheque, apart from the columns that need to be filled by the account holder, the printed details available on a cheque are Bearer or A/C payee – Ensure you double-check this factor while issuing a cheque.Any minute differences can also make the cheque invalid. Ensure you don’t make any mistakes in the signature as the bank would verify the signature with their records. Signature – Signature of the account holder.Usually, a cheque is valid for 6 months from the date mentioned on it. Date – The date the cheque would be valid from. It has to be mentioned in words and figures as well. Amount – The amount you would like to pay.Name(In favour of) – While writing a cheque, Give the name of the person you want to issue the cheque to.Writing a cheque includes filling in the details given below. How to write a cheque?Ī cheque contains certain columns which have to be filled by the account holder. Cashing a cheque at the bank will be done in less than an hour. If there is no “AC Payee” mentioned on the cheque, then you can visit the bank of the cheque and get cash by depositing it. You can deposit the cheque into the machine. Some banks like Mashreq have introduced the Cheque Deposit Machine, which is similar to an ATM. Most banks like RAKBank offer a Cheque Deposit Box where you need to mention your account number on the backside of the cheque, put it in the envelope given by the bank, fill it with the right details and drop it in the cheque deposit box. Usually, it takes about 36 hours for cheque clearance. If the cheque has “AC Payee” on it then the amount on the cheque will be deposited in the account you mention while depositing. When you get a cheque from someone, you can visit your bank to deposit the cheque and encash it. This works when the account holder mentions “A/C PAYEE Only” on the cheque.Ĭheck: Validity of cheque in the UAE Cheque Deposit Steps When you issue a cheque to someone, that person can deposit that cheque in his bank and the funds as per the amount mentioned on the cheque will be transferred from your account to his account. The cheque holder that is the account holder is the only person who can authenticate the cheque with the signature as per the bank records. It means that the cheque will be valid from the date mentioned on the cheque.Ī cheque book which comprises a limited number of cheques has certain details printed on it.
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