how good for payment cheque is issued?

A payment cheque is generally considered a secure method of transferring funds, as it requires the payer's bank to honor the amount specified. However, its effectiveness can be impacted by factors such as insufficient funds in the payer's account, the cheque being lost or stolen, or delays in processing. It's important for the recipient to verify the cheque's legitimacy and ensure they deposit it in a timely manner. Overall, while payment cheques can be reliable, they carry some inherent risks.