[SQiTmhuY]

I am surprised that we continue to continue with the system of cheques/drafts/pay orders etc. Is it not time that a cheque is made to be one as such, or as draft or as pay order. Doing so will reduce lot of clerical work and bankers and banking people's time. A cheque can be an instrument for drawing cash, for making (a/c payee) payment to others and should become a draft if validated duly by the drawer's bank. Similarly they can rationalize on pay-in slips which should be common for all banks and made available at stationery shops. Here again the banks will be less crowed, and avoid the begging, borrowing and stealing of ball pens. And what a saving of paper, printing expenses by banks!