What is another word for outstation cheque?

Pronunciation: [a͡ʊtstˈe͡ɪʃən t͡ʃˈɛk] (IPA)

An outstation cheque, also known as an out-of-town cheque or a non-local cheque, refers to a cheque that is drawn on a bank branch that is located outside the city in which it is presented for payment. It is a type of cheque that involves clearing processes that may take a longer time than local cheques, typically taking 3-10 days to clear. Other synonyms include foreign cheque and regional cheque. These cheques are usually issued by companies that have branches in different parts of the country or by individuals who live in one city but have bank accounts in another. Despite the various synonyms, the fundamental principle of an outstation cheque remains the same, and all synonyms refer to the same type of cheque.

Synonyms for Outstation cheque:

What are the hypernyms for Outstation cheque?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

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