Cheque Book Request

Cheque Book Request cheque Process · 1 The drawer issues a cheque and affixes the seal which is reserved in bank; · 2 Within the period for payment, the bearer may cheque payment Features of Cheque · Cheques can be issued against savings or current accounts · A cheque is always drawn on a specified banker · It is an unconditional order

cheque payment Features of Cheque · Cheques can be issued against savings or current accounts · A cheque is always drawn on a specified banker · It is an unconditional order

cheque If the cheque is submitted after 6pm it will be processed the next working day which means that funds will be available 2 days after submission We do not RBI is considering replacement of the existing system of settlement of payment on the basis of physical cheques by a new procedure called “ Cheque Truncation