Cancel Cheque Photo: Steps and Use of Cancelled Cheques
A cancelled cheque that the bank has issued is marked with the word ‘CANCELLED’, suggesting that it is no longer valid for making payments. This marking is usually positioned across the front of the cheque between two parallel lines. The issuer rejects a cancelled cheque leaf to prevent it from being misused or cashed. This means it cannot be used for withdrawals. In this guide, we will explore the cancel cheque photo sample and how it is being used in real life.