Question 353. - Does a cheque payable to "cash or order," if presented by the drawer, require his endorsement? Is the situation altered if presented by a third party?

Answer - A cheque so drawn is irregular in form, there being no payee of the name of "cash," as is suggested by making the cheque payable to the order of "cash." Neither is it a case of a fictitious or non-existing person within the meaning of the Bills of Exchange Act. If the drawer presents it, he should be made to endorse, as the endorsement would undoubtedly authorize a debit of the amount to his account. If presented by a third party the cheque should be first endorsed by the drawer if the bank is to have authority to debit the cheque to the drawer's account.