About Us - UAE Manager Cheque

Manager Cheque is one of the non-cash payment methods that allows you to transfer funds from one bank account to another by presenting a bank cheque.

HOW THE MANAGER CHEQUE WORKS

01

The client of the bank deposits the amount necessary for making the payment to his bank account.

02

The bank confirms the availability of funds in the account, holds the funds and writes a cheque to the name of the recipient.

03

The recipient with the cheque applies to the bank, the bank transfers the funds to the recipient’s account.

THE MANAGER AND BANK CHEQUE DIFFERENCES

The main difference between a manager cheque and a regular bank cheque is that a manager cheque is a document that is certified by the manager or head of a particular bank branch. On such a document there is a seal and signature of the person who issued the cheque. Without the actual availability of funds in the account, it is impossible to write such a cheque. At the same time, it is possible to write out an ordinary bank check even if you do not have funds in your bank account.

THE APPLICATION OF MANAGER CHEQUE

Manager cheques are widely used when buying and renting real estate, cars, yachts. The manager cheques can be used to pay for any services or various material values. This is actually a full-fledged replacement for cash. At the same time, you don’t have to worry about storing and transporting a large amount of cash. To complete a transaction, you simply hand over the issued cheque to the recipient.

GET YOUR

MANAGER CHEQUE

IN THE UAE

Our managers will contact you and answer all your questions, as well as help you choose the best offer for issuing and receiving a manager cheque within one day.