As a financial institution, banks mainly engage in deposits, loans, foreign exchange, wealth management and international settlement. As an important payment tool, check is an indispensable part of banking business. The following introduces the functions and business of bank checks from three aspects.

First, check is one of the important forms of bank deposit business. Deposit business is one of the foundations of banking business. As one of the forms of deposit, check allows customers to deposit funds into bank accounts anytime and anywhere, and can withdraw them at will if necessary. The advantage of cheque is that it can be used at any time, transfer money at will, be safe, convenient and fast.

Second, check is an important part of bank transfer business. When an individual or institution handles the transfer business, it specifies the payee and the amount by filling in a check, and the bank withholds the transfer to ensure the safe receipt of funds. Cheque transfer can improve transfer efficiency, prevent bank transfer mistakes and reduce transfer fraud.

Third, check is one of the necessary documents for bank loan business. In loan business, credit evaluation and asset mortgage are essential links in loan approval. Cheques can more accurately prove the credit value and assets mortgage of lenders, and better ensure the security and legality of loans. They are indispensable documents in loan business.

In a word, checks play an important role in banking business, which is not only an important part of deposit, transfer and loan, but also can improve the efficiency of customer payment and fund management.