A cheque is a legally enforceable instrument that allows an individual or business to make a payment of a certain amount of money to another person or entity. It is an order by the person who owns the funds (the drawer) to their bank (the drawee) to pay a specific sum to the recipient named in the cheque (the payee). The cheque must be signed by the drawer and include the payee's name, the amount to be paid, and the date on which the cheque is to be honoured. Additionally, the cheque must include the drawer's bank details, including the account number and address.