The correct answer is Cheque.ChequeA cheque is a bill of exchange in which one party instructs the bank to transfer funds to another party's bank account. It's a negotiable instrument protected by the 1881 Negotiable Instruments Act.There are three parties involved in the transaction - The drawer is the person who writes the cheque, the drawee is the bank that has to transfer the funds, and the payee is the person whose name is on the cheque. A cheque can be issued against a savings account or a current account.A cheque is drawn from a particular bank and is always payable on demand.A cheque is valid for three months from the date of issuing (the date is indicated on the top right-hand corner of the cheque).There are two main types of cheques “Bearer Cheque “ is a type of cheque in which the bearer can encash the sum on presentation of the cheque before the authorized bank.Order Cheque “ is a type of cheque in which only the payee, whose name has been written on the cheque, can encash over the counter.Additional Information Passbook?A passbook, sometimes known as a bankbook, is a paper book used to record bank or building society transactions on a deposit account. These were traditionally used for accounts with minimal transaction volumes, such as savings accounts.?Currency?Currency is a kind of payment that can be used to buy and sell products and services. In a nutshell, it's money, usually in the form of paper or coins, issued by a government and widely accepted as a means of payment at face value.There are 180 currencies recognized as legal tender in United Nations (UN) member states, UN observer states, partially recognized or unrecognized states, and their dependencies.?