Why does Account Payee Cheque matter?

It reduces theft risk versus bearer cheques.

What is a common mistake with Account Payee Cheque?

Throwing around “Account Payee Cheque” without the simple meaning.

Lesson60 seconds

A that must be paid only into the named person's bank account.

Hearing this as Like I'm 5™

8 steps left

An account payee cheque is crossed so it cannot be cashed over the counter and must be credited to the payee's account.

Explanation level

Tap a persona to hear the same idea in a totally different voice.

Try “Like I'm 5™” for a picture-book version - not the grown-up wording above.

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