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num. hundred (used for the numeral 100 on cheques to avoid mistakes or alterations)
Discussion of 佰
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Why would there be a misconception on a check when writing 百 instead of 佰？Is there a similar character that it would get confused for when writing numbers?
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No, there is not a specific Chinese character that looks similar to 百. The idea here, is to use more complicated characters on cheques so as to reduce the chance of deliberate alteration, e.g. faking the numbers on cheques.
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