cheque card - ορισμός. Τι είναι το cheque card
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Τι (ποιος) είναι cheque card - ορισμός

CARD GUARANTEEING PAYMENT OF AN ACCOMPANYING CHEQUE
Check guarantee card; Cheque card; Cheque guarantee
  • Logo of the United Kingdom domestic cheque guarantee card scheme since 1990
  • Eurocheque guarantee card issued by Dortmunder Volksbank till 1993

cheque card         
(cheque cards)
In Britain, a cheque card or a cheque guarantee card is a small plastic card given to you by your bank and which you have to show when you are paying for something by cheque or when you are cashing a cheque at another bank.
N-COUNT
cheque card         
¦ noun Brit. a card issued by a bank to guarantee the honouring of cheques up to a stated amount.
Cheque guarantee card         
A cheque guarantee card was an abbreviated portable letter of credit granted by a bank to a qualified depositor in the form of a plastic card that was used in conjunction with a cheque.

Βικιπαίδεια

Cheque guarantee card

A cheque guarantee card was an abbreviated portable letter of credit granted by a bank to a qualified depositor in the form of a plastic card that was used in conjunction with a cheque.

The scheme provided retailers accepting cheques with greater security. The retailer would write the card number on the back of the cheque, which was signed in the retailer's presence, and the retailer verified the signature on the cheque against the signature on the card.

The cheque could not be stopped and payment could not be refused by the bank. Each bank would set a limit on the maximum amount of an individual cheque that could be guaranteed. The guarantee only applied to cheques drawn on an account provided by the bank that issued the card, and could result in an overdraft with penalty interest on the cardholder.

After the introduction of debit cards there was a rapid decline in the use of cheques and of cheque guarantee cards, and these facilities were generally phased out during the 2000s in the countries that operated them. The Irish cheque guarantee scheme officially ended on 31 December 2011, ending the last such scheme in existence.

Παραδείγματα από το σώμα κειμένου για cheque card
1. Tesco is running a trial in some stores where shoppers paying by cheque cannot spend above their cheque card guarantee limit.