The payee has an option to resubmit the cheque within three months of the date specified on the cheque after fulfilling the reason for the dishonour of the cheque. Moreover, the payee has to give notice to the drawer within 30 days from the date of receiving the “Cheque Return Memo” ...
l Date of Return l Reason Code l Reason 8.7 Book Overseas Cheques Payable Abroad under Collection in Bulk This section contains the following topics: l Section 8.7.1, "Booking Overseas Cheques Payable Abroad under Collection in Bulk" l Section 8.7.2, "Viewing Errors" l Section 8.7.3,...
The option list displays all valid reject codes maintained in the system. Choose the appropriate one.Reject ReasonBased on the reject code selected, the system displays the reason for rejection/ cancellation.To cancel the cheque, click ‘Cancel’ button. To reverse the cheque, click ‘Reverse’ ...
l Date of Return l Reason Code l Reason 8.7 Book Overseas Cheques Payable Abroad under Collection in Bulk This section contains the following topics: l Section 8.7.1, "Booking Overseas Cheques Payable Abroad under Collection in Bulk" l Section 8.7.2, "Viewing Errors" l Section 8.7.3,...
Authorization Status Record Status Contract Reference Number Counterparty Identification Counterparty Name Instrument Number Instrument Date Instrument Status Collecting Bank CIF Collecting Bank Name Booking Date Date of Dishonour Date of Protest Date of Return Reason Code Reason ...