Checks will always be an integral part of business, which is why we have a number of discussions regarding checks (see Bouncing Checks (BP 22): Matters a Layman Should Know; Basic Reminders to Prevent Check Fraud; and No imprisonment in BP 22 or Bouncing Checks cases?). This time let’s have a more extensive discussion on [...]

Checks (or cheque, checque) are popular substitutes for cash in commercial transactions, and it may be safe to assume that Pinoy Entrepreneurs are familiar with the different kinds of checks, including crossed checks. Nevertheless, let’s have a brief discussion for the benefit of those who may not be familiar with the concept and effects of [...]