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ABIBLO FINANCE 

ABIBLO FINANCE - ACCOUNT PAYEE ONLY

12/16/2017

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Abiblo Finance - Account Payee Only 
It is a sentence being placed between 2 vertical lines mostly in the cheque from the United Kingdom. This will make the cheque non transferable as in Cheque Act 1992. 
The purpose is to avoid the cheque being endorsed and paid to account not belonging to the payee. 
In some circumstances, the bank may argue that they acted in good faith and without negligence if the cheque being endorsed is honoured by the bank. 
New cheques are printed with "account payee only" or A/C payee. The words not negotiable are added. 
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  • Home
  • ABIBLO FINANCE
    • ABIBLO FINANCE - CREDIT REPAIR
  • ABIBLO LANGUAGES
  • ABIBLO ENGINEERING
  • ABIBLO COMPUTER SCIENCE
  • ABIBLO HEALTH
    • ABIBLO DIFFERENTIAL DIAGNOSIS
    • ABIBLO MEDICAL PATHOLOGY
  • ABIBLO CULINARY
  • ABIBLO LAW
    • Equity and Trust
    • Company
    • Company (2)
    • Evidence
    • Evidence (1)
    • EU Law >
      • Preliminary Ruling Procedure
    • ABIBLO FINANCE
    • Property
    • Property(2)
  • ABIBLO AMAZING FACTS
  • ABIBLO MATHEMATICS
  • ABIBLO CATS
  • ABIBLO TRAVEL
  • ABIBLO ALTERNATIVE MEDICINE