{"iri":"https://folio.openlegalstandard.org/R54wZIS4Qj7j9089Oe2xh5","label":"Check Payment","sub_class_of":["https://folio.openlegalstandard.org/R8V9Ma3IrggNq0pxeXl8Re5"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":["Bill of Exchange"],"translations":{"en-gb":"Cheque Payment"},"hidden_label":null,"definition":"Check Payment involves transferring funds from one party to another by writing a physical or electronic check that authorizes the withdrawal of a specific amount from the payer’s bank account. It is a paper-based method of payment but can also exist in digital formats like e-checks.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}