A cheque book is issued to customers of a bank operating a
Answer Details
A cheque book is typically issued to customers who have a current account with a bank. A current account is a type of bank account that allows customers to deposit and withdraw money frequently, and also provides various other banking services such as cheque payments, standing orders, and direct debits.
While some banks may issue cheque books to customers with other types of accounts, such as savings accounts or fixed deposit accounts, this is less common. Savings accounts and fixed deposit accounts are generally used for saving money, and have restrictions on the number of withdrawals and transactions that can be made. Time deposit accounts, also known as term deposits, are a type of fixed deposit account with a specific term or maturity period, during which the funds cannot be withdrawn without penalty.
Therefore, if you need a cheque book, it is advisable to open a current account with a bank, as this is the most common type of account that comes with a cheque book facility.