Custom Search


[ Correct English | Common Errors | Words Differentiation | Sample Letters | Glossary of Correct Usage | Common Sentences | Q & A ]

[ English Compositions | Movie Reviews | High School Vocab | Advertisements ]

Sponsored Links


Sample   Letters


TOEFL Vocabulary
English Conversation
English Grammar
American Idioms
English Comprehension
English Summary
English News
Business Idioms
Helpful hints to writing cheques

If you have had cheques returned to you before, you will know that it is both costly and frustrating. As part of HSBC's ongoing efforts to serve you better, we have put together a list of frequently-asked-questions (FAQs) to help you avoid returned cheques. This will help you save money, time and hassle.

Q : Why do my cheques get returned ?

A :  There are many reasons why your cheque may get returned to you. Usually, these are technical errors such as incorrect date format, payee and amount details, signature, alterations, damage, or simply insufficient balance in your account.

Q : Could the incorrect date on my cheque cause it to be returned ?

A : Absolutely. All cheques must be written in this format - "DD/MM/YY", where day, month and year must be written in this respective order. For example, 7 June 2005 should be filled in as:

0 7 0 6 0



Missing, incomplete or unclear dates on cheques will lead to cheques being returned.

If you need to post-date your cheques (a date later than the date on which you are writing the cheque), ensure that the party presenting the cheque does so on or after the date of the cheque. Otherwise, the cheque will not be honoured.

Note : All cheques expire automatically alter six months from the date of issue.

Q : Do I have to write out the amount completely?

A : You have to write the amount in both words and numbers, and they both have to match.

Q : If there are two signatories on file, would my signature alone be enough ?

A : On every cheque you write, all signatures have to correspond with the bank's record. For instance, if you share an account with your wife and you are both joint signatories on the cheques, then you would both have to sign the cheque, as it is on file. If your cheque is missing a signature, or if the signature(s) is inconsistent with the bank's records, it will be returned.


Q : What if I need to change the details on the cheque?

A: At any time if you need to alter any detail on the cheque, for example, the date, simply counter-sign in full next to the alteration. Otherwise, your cheque will be returned.

Q : There is a small tear on the cheque. Can it still be presented to the bank?

A: No. Cheques which are damaged in any way cannot be presented to the bank. Damaged cheques may make automated processing impossible.

Q : Can I re-present a cheque once it has been returned to me?

A: You may do so only if your payee has informed the bank to allow the cheque to be re-presented for clearance. Otherwise, cheques returned due to technical errors cannot be presented again.

Q: How can I ensure I have sufficient funds in my account before I write a cheque?

A: To ensure that you have sufficient funds in your account before issuing a cheque, here are three quick and easy ways to do so:

1) Internet Banking With online@hsbc, HSBC's Internet banking service, you can access your account any time and anywhere around the world. You can check your account balance as well as transfer funds from one account to another. This means, you can manage your account(s) more effectively and conveniently.

2) ATM With over 70 ATM locations in Singapore, you will always have one near you. Check your account balance, deposit cash/cheques and perform fund transfers.

3) PhoneBanking You can also carry out banking transactions from any phone by using our PhoneBanking service. Call 1800 227 8888 (in Singapore) or (65) 6277 8888 (from overseas).

You may also wish to set up a Standing Instruction to transfer money automatically from your savings account to your checking account to ensure that there are sufficient funds in your account.

For more information and questions about returned cheques, please call our Customer Service hotline on 1800-HSBC NOW (4722 669) in Singapore or (65) 6-HSBC NOW (4722 669) from overseas. Or email us your queries at direct@hsbc.com.sg

hassle   a situation causing difficulty or trouble
signatory   someone who signs and is bound by a document
inconsistent with   it does not agree with something else

01    02    03    04    05    06    07    08    09    10    11    12    13    14    15    16    17    18    19    20    21    22    23    24    25    26    27    28    29    30    31    32    33    34    35    36    37    38    39    40    41    42    43    44    45    46    47    48    49    50    51    52    53    54    55    56    57 

Sponsored Links
American Slang
English Proverbs
English Exercises
Common English mistakes
Ancient Chinese stories
Junior English essays
High School English essays
Lower Secondary English essays