Cheque is like a written instruction to the bank asking it to pay the person’s whose name is written on cheque the sum of money. Cheque is just a piece of paper,To get the money it has to be clearedBeginning January 1, 2013 Cheque Truncation System (CTS) would be implemented, whereby...
A cheque number is a 6-digit number uniquely assigned to each cheque leaf. It iswritten on the left-hand side at the bottom of the cheque. It is advisable to check, i.e., count and check the number on each cheque leaf in a new cheque book when you receive it from the bank. What...
What is the effect of demonetization on bank loan interest rates? How many days does it take to credit our PF amount to our bank account? How much time does it really take to get an HDFC Bank Credit card? The bank you own has the following balance sheet: If the bank suffers deposit...