No


            A Bill of Exchange

                            Cheque

1


A Bill may be drawn on any person

In case of Cheque, Cheque is always drawn on a banker


2

A bill must be accepted before the drawee can be called upon to make payment upon it.


A Cheque requires no acceptance  

3

A bill which is not expressed to be payable on demand is entitled to three days of grace.


Cheque is not entitled to any days of grace.

4

A bill may be payable on demand or after the expiry of a certain period after date or  sight


A cheque is always payable on demand

5


A bill cannot be crossed

A cheque may be crossed

6

A bill must be duly presented for payment to the acceptor or else the drawer of the bill will be discharged from liability.

 The drawer of a cheque is not necessary discharged from his liability by the delay of the holder in presenting it for payment. He is discharged only to the extent of the damage, if any, suffered by him.


7

A bill, except in certain cases, must be stamped


A cheque does not require any stamp.


8

A bill may be noted or protested for dishonor.


A cheque is not required to be noted or protested for dishonor.

9

Payment of a bill cannot be countermanded


The payment of a cheque may be countermanded.


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