Video: Discoveries that changed the world | Checks

Written By طقس العرب on 2021/04/17

This article was written originally in Arabic and is translated using a 3rd party automated service. ArabiaWeather is not responsible for any grammatical errors whatsoever.

A doubt is defined as a commercial paper linked to three parties, the first party is the drawer who issues an order to the second party (the bank) to pay a certain amount of money to a third person who is the beneficiary or the bearer of the check. That is, the check is a document that orders the bank to pay a certain amount of money from a person's account to the person in whose name the check was issued. The name of the check is derived from the Arabic word "sakk", so how did the checks start?

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This article was written originally in Arabic and is translated using a 3rd party automated service. ArabiaWeather is not responsible for any grammatical errors whatsoever.

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