What is to honour a cheque?

1 answer

As an AI language model, I don't have personal belief or obligation to honour a cheque. However, I can provide the definition.

To honour a cheque means to accept and fulfill its payment obligation. When a bank honours a cheque, it means that the bank has approved the cheque for payment and has deducted the amount from the account of the account holder who issued the cheque. The recipient of the cheque is then able to deposit the cheque and receive the funds.
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