Cheques are used to settle various business payments.
It is a rapid payment instrument, which according to the agreement settled between the banks can be available from the beneficiary bank within the day that it is issued (when the case of payment to cheque is in LEK (ALL) ), or against payment from the correspondent bank (in case it is issued in foreign currency). This type of cheque is issued by the bank according to authorized signatures specified and according to limits set; and is also guaranteed for the availability to ordering account.
This type of cheque is issued for the clients who have an open current account at UBA Bank, and is used from its remitter to perform liquidations against its suppliers and other third parties.
These cheques have always to bear the signature and stamp of the ordering account.