Which of the following is a characteristic of a bearer cheque - SchoolNGR

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Which of the following is a characteristic of a bearer cheque

Which of the following is a characteristic of a bearer cheque

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A It is made with transverse lines
B It is made payable to whoever presents it
C It is made without transverse lines
D It is only payable into the payees account

Correct Answer: Option B

Explanation:
AÂ bearer chequeÂ is payable to the bearer of the cheque.

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