Business cheques are bank drafts written on an individual business checking account. It's effective and tends to make the company appear more professional and stable. There are some security features associated with business cheques also.
One of the most common security features present in Business Cheques is holograms. These are images that can be encrypted and can be decoded with the appropriate key. For instance, an individual may have a hologram of a dollar sign on their business cheques to make it harder for would-be thieves. Holograms can also be used for other purposes like creating a panic in a would-be thief.
Another feature that is frequently seen on business cheques is heat sensitive ink. This ink usually has a fluorescent shade which gives out a light only when the paper is under extreme temperature. This makes personal cheques more difficult to steal because an eye-catching image like a dollar sign is unlikely to stand out when it's under attack. The usefulness of laser cheques comes into play though when the company chooses to use them in order to increase their sales.
To further enhance security, manual business cheques tend to be encoded with information specific to the company they belong to. The company's logo and address are usually embedded in the information. Apart from this, information such as the company's name, address, products sold, and more are also encrypted for added security. These features, however, tend to diminish the chances of an unscrupulous employee of the company taking a peek at these details. This is because, while employees will always attempt to steal accounting information in order to benefit themselves, no thief wants to be caught.
As far as types of personal cheques go, there are plenty. For instance, companies can choose from a range of standard denominations. They can either have bank transfers or be printed with various formats including drawings, photos, etc. Businesses can also get cheques printed in various formats, including postcards and CDs. And, of course, there are some companies that offer personal cheques in PDF format.
The different ways in which people can prepare business cheques is pretty vast. Some people choose to do it manually, whilst others prefer to use accounting software. This is because, while it is possible to prepare each cheque manually, a majority of businesses would rather pay for accounting software to help automate the process. Businesses can get cheques printed in various formats, including postcards, manuals, CDs, photos, etc. And, of course, there are some companies that offer personal cheques in PDF format.
There are lots of reasons why companies prefer to order Canadian business cheques online. For one thing, most companies feel more secure when dealing with an online company. This is because, if for instance, the user's bank has been hacked into, the financial information would be safe since the bank would be able to track it. Also, if the customer service is not very good, then the person can just switch to another company. Another reason why people order business cheques online is because they feel more confident when dealing with a virtual payment processor than they would in dealing with a physical bank.
One major disadvantage of ordering business cheques is that a person needs to keep track of all transactions done using the account since the details are not visible on the site. Another drawback is that the person who is paying for the services is not sure exactly how much he is being charged. Also, customers can only view the account details for a limited period of time before it is closed.