Episode 67: What (really) are cheques?
Manage episode 348037758 series 3400694
Welcome to the corporate treasury 101 podcast
In this episode, we would like to continue our payment's journey
Some episodes ago, we talked about cash, how is was put in the economy, how it is used in society and its impact on Corporate Treasury
Today we cover, cheques!
This instrument that Hussam likes to call a boomers technology
But in certain part of the world, it is still widely used
In this episode, expect to learn
- What are cheques and the different types of cheques
- The technical terms used by corporate treasurers when it comes to cheques
- The advantages and disadvantages of using a cheque
- What really happens when you don't have enough funds but issued a cheque anyways
And... Much more
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