Updating figures in word document Aunties for xxx chat
In an increasing number of countries cheques have either become a marginal payment system or have been completely phased out.
However, since the 19th century, the spelling cheque (from the French word chèque) has become standard for the financial instrument in the Commonwealth and Ireland, while check is used only for other meanings, thus distinguishing the two definitions in writing.
These were handwritten, and one of the earliest known still to be in existence was drawn on Messrs Morris and Clayton, scriveners and bankers based in the City of London, and dated 16 February 1659.Until about 1770, an informal exchange of cheques took place between London banks.Clerks of each bank visited all the other banks to exchange cheques, whilst keeping a tally of balances between them until they settled with each other.Once written, the cheque was brought back to the bank for settlement.The suppression of banknotes in eighteenth-century England further promoted the use of cheques.
In 1717, the Bank of England pioneered the first use of a pre-printed form.