Mastery card
I can explain Account Payee Cheque
A cheque that must be paid only into the named person's bank account.
An account payee cheque is crossed so it cannot be cashed over the counter and must be credited to the payee's account.
Sticky trick
For business, default to account payee crossed cheques.
Take into the room
In plain English, what is Account Payee Cheque?
Or open the share card 🔒
Or start your own 5-word trail from home.