Where to Find the IFSC & MICR Codes on a Cheque? You can easily find both the IFSC and MICR codes on the bank’s chequebook and passbook. The IFSC is printed on the top of the cheque leaf, while the MICR code is printed on the bottom of the same leaf. You can also find both t...
Drawee or payor bank,the bank which has the drawer’s account from which the cheque is to be paid. It is always bank on which cheque is drawn and is ordered to pay the amount of cheque. The banker on whom it is drawn is the ‘DRAWEE’. This drawee is the responsibility of where t...
Cancelled Cheque Writing: Discover how to securely write a cancelled cheque and its common uses to prevent misuse.
Drawee or payor bank,the bank which has the drawer’s account from which the cheque is to be paid. It is always bank on which cheque is drawn and is ordered to pay the amount of cheque. The banker on whom it is drawn is the ‘DRAWEE’. This drawee is the responsibility of where t...