Show Summary Details
Page of

(p. 727) 20. Cheques and other instruments 

(p. 727) 20. Cheques and other instruments
(p. 727) 20. Cheques and other instruments

MA Clarke

, RJA Hooley

, RJC Munday

, LS Sealy

, AM Tettenborn

, and PG Turner

Page of

PRINTED FROM OXFORD LAW TROVE ( © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Law Trove for personal use (for details see Privacy Policy and Legal Notice).

date: 23 February 2019

This chapter focuses on the use of cheques and other instruments as a mode of payment in commercial transactions. Under Section 73 of the Bills of Exchange Act 1882 (BEA), a cheque is defined as ‘a bill of exchange drawn on a banker payable on demand’. Section 73 also states that except as otherwise provided in the part of the BEA relating to cheques, the provisions of that Act applicable to bills of exchange payable on demand apply to cheques. All cheques are bills of exchange, and the Section 73 definition of a cheque must be read together with that of a bill of exchange set out in Section 3. In truth, however, a cheque differs significantly from a bill of exchange in a number of ways. This chapter first explains what a cheque is before discussing promissory notes, banker's draft, and travellers' cheques.

Access to the complete content on Law Trove requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access code, please see the information provided with the code or instructions printed within the title for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can't find the answer there, please contact us.