LOGAL CHECK

Yenny Sofia Medina Garcia

Technology in banking and financial management
Two thousand twenty
 WHAT IS?

• It is a document signed by the owner of an account in a bank that

enables the recipient to have a certain amount of money on a bank
account.

Its main purpose is to issue a payment without the need to transport

cash, and to give the beneficiary more freedom to choose the time and
place of the cash collection.
 CHECK CONTEN

• The mention of being check, inserted in the text of the document;

The place and date of issue;
An unconditional order to pay a certain amount of money;
The name of the deliverer;
The place of payment; and

The signature of the deliverer.

 CHECK TYPES

• Personal: it is the most common. and it is issued by the person with the
checkbook that is delivered by the entity.
• Banking: personal: it is the most common. and it is issued by the person with
the checkbook that is delivered by the entity
 CHECK ENDORSE

• A check is endorsed to the back of this levando name of the person who is
going to withdraw the resources, if it is the holder this must match the name
that appears on the front, in addition to this must have document number,
account number to be entered or bond number if you want to pay some
credit or CDT constitution
 ADVANTAGES

• You won’t have to carry cash

• Without your signature the check cannot be exchanged for cash, therefore it
is not valid.
• It allows you to control expenses.
REMITTANCE
 WHAT IS

• A consignment is basically a document to be able to liquidate a purchase

and sale of any kind of goods. Direct debit receipts are a form of payment by
which the transaction amount is credited to the bank account directly from
the buyer’s bank account
 REMITTANCE CONTENT
• Invoice number

-Date of issue of the invoice

-Total amount of invoice

-Customer Contact of the Invoice

-IBAN of the Customer to be charged

-Name of the consignment

-Name of the payer (We)

-Date of the Bank Remittance

-IBAN where the transfer should be made

 BANK REMITTANCE ADVANTAGES

• It is the seller that manages the collection by financial document.

Has low bank charges.
• The exporter is assured of possession of the goods until such time as the
importer makes payment or accepts the effect. [BR]If payment is deferred
the importer will benefit from financing.