A cheque is like a special piece of paper that tells a bank to give someone money. Imagine you have a magic ticket that says, ‘Please give my friend some of my money.’ You write down how much money you want to give, who should get it, and then sign it. This ticket is then given to the bank, and the bank moves the money from your piggy bank to your friend’s piggy bank.
Think of a cheque as a promise. It’s like saying, ‘I promise to give you this amount of money.’ When you give someone a cheque, they can take it to the bank, and the bank will make sure they get the money you promised. It’s a safe way to move money without using coins or paper bills.
A cheque is also like a letter to the bank. You write down instructions for the bank to follow. It’s important to write clearly so the bank knows exactly what to do. This way, the bank can help you and your friend share money safely and easily.