What if you can encash a bearer cheque of citi bank in any other bank?

If you can encash a bearer cheque from Citibank at any other bank, it would simplify the process for the payee, as they wouldn't need to go to a Citibank branch. However, this could also pose a risk of fraud, as bearer cheques are payable to whoever holds them, making them less secure. Banks would need to implement strict verification procedures to prevent misuse. Overall, such a policy could enhance convenience but would require careful management to safeguard against potential fraud.