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In chennai good for payment cheques can be arranged by an consultant 9842566336

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Q: Can any one arrange me a Good for payment cheque in visakhapatnam?
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What is good for payment cheque?

Bank gives surety or guarantee to pay the money to beneficiary of the cheque endorsed by bank. Customer (drawer) has to pay certain charge to make a cheque Good for Payment. The payable amount is segregated from the balance to reserve once it endorse. This cheque is authorized by the banker to be Good for Payment. Customer can request bank to prepare manager's cheque, cashier's cheque, banker's cheque or cheque on selves instead of good for payment


Can you stop a good for payment cheque?

No. A good for payment is automatically paid to the beneficiary upon the maturity of the check. A bank undertakes the responsibility that it will not stop the payment of the check under any circumstances.


How long is a check good for before you cant cash it?

Currently in india, the validity of cheques is 3 months from the date mentioned on the cheque. Any cheque that is older than 3 months is considered a stale or invalid cheque and is worthless. For ex: If I give you a cheque on 1st of May 2013, it will be valid till 31st of July 2013. If you do not cash the cheque before 31st July 2013, the cheque is worthless. Even if you manage to deposit the cheque in your bank, it will come back with no money.


What is a good for payment check?

Hello,This is G.N.Raju from vizag, Andhra Pradesh. Good for Payment check is a 100% legal.I'm going to write one letter format in this forum, Cheque(with banker signature and stamp) and one bank letter head(which format i was write in below) these two things are enough. You can get the good payment from it.(ON THE LETTER HEAD OF THE BANK)/ BRANCH LEVEL- VERIFICATIONTO WHOMESOEVER IT MAY CONCERNDate:Ref No:Dear Sir,Sub: Undertaking towards Customer Cheque No: ________that it would be honored on its due date in the A/c XXXXX.This is to confirm that M/s ____________________________________having current a/c No: _______________________with our bank branch is in the privilege customer category.As per the request of our customer M/s YYY, we are issuing the undertaking along with the customer Cheque No: _______________Dated: ______for an amount of Rs X, 00, 00, 000 (_____________ Crores Only) issued in your favour.The mentioned Cheque will be honored on the mentioned due date irrevocably & unconditionally on presentation to our Bank branch with full responsibility and co-operation and without any notice to the customer.We do confirm not to honour the instructions of our customer _____________ to stop pay against the above cheque and we confirm that this conformation is in full force till the realization of the above cheque can not be revoked under any circumstances by our customer.We hereby confirm to facilitate the verification of Cheque No:______________________________& this letter through __________(Bank Name).Phone : +91-Fax : +91-Thanking you,Yours faithfullySignatureManager / Assistant ManagerEmp Code : Emp Code :BANK Seal


How do you deal with the dishonoured cheque?

You can do two things: a. Ask the person who gave you the cheque that bounced (got dishonored) to pay you again. If they agree then well and good. b. If they refuse to pay, then you can file a police complaint against the person who gave you the bounced cheque and request the authorities to get you the money you were supposed to get through that cheque.

Related questions

What is good for payment cheque?

Bank gives surety or guarantee to pay the money to beneficiary of the cheque endorsed by bank. Customer (drawer) has to pay certain charge to make a cheque Good for Payment. The payable amount is segregated from the balance to reserve once it endorse. This cheque is authorized by the banker to be Good for Payment. Customer can request bank to prepare manager's cheque, cashier's cheque, banker's cheque or cheque on selves instead of good for payment


Can you stop a good for payment cheque?

No. A good for payment is automatically paid to the beneficiary upon the maturity of the check. A bank undertakes the responsibility that it will not stop the payment of the check under any circumstances.


What is a post date?

A post-dated cheque is a cheque, on which a future date appears and not a current date. For example, if today is 01/01/2012, then a cheque which bears a date (say) 15/01/2012 is a post-dated cheque, till that date (15/01/2012) comes. In other words, till 14/01/2012 this cheque will be considered as post-dated cheque. That is, the future date has not yet arrived (till 14/01/2012). On 15/01/2012, the cheque will be no longer a post-dated cheque, but becomes a current dated cheque.In India, a cheque should be presented for payment on or after the date that appears on the face of the cheque. This date is also called ostensible date.A banker cannot a pay a post-dated cheque as he has no mandate to debit the account of the depositor earlier than the date of the cheque. In other words, a post-dated cheque should not be paid and should be returned to the holder with the reason, "Cheuque is post-dated" as the payment of a post-dated cheque is fraught with dangers. Since payment of a post-dated cheque, as per Section of the 10 of the Negotiable Instruemnts Act, 1881, is not a payment in due-course, many banks in India will not make payment of the cheque.If any defect in the title of the payee is found later, the banker cannot claim protection and should make good the loss to the ture owner.M.J. SUBRAMANYAM, BANGALORE


Can any one discount Bank Guarantee and GFPC in India?

I can discount the BANK GUARANTEE and GOOD FOR PAYMENT CHEQUE. If your Instrument is Genuine, I can close in 10 - 15 days with good percentage. If you have good and genuine instrument. You can contact me in the mail. raj.trading001@gmail.com


What is bank check book?

A check/cheque book is a collection of cheque's. These cheques can be used to make payments to anyone. They are as good as cash (Provided there is cash in the cheque drawers account)


Can you cash a 600.00 cheque after two years in Australia?

No. Cheques are good for only one year from the date written on the cheque.


What is a post dated check?

A post-dated cheque is a cheque, on which a future date appears and not a current date. For example, if today is 01/01/2012, then a cheque which bears a date (say) 15/01/2012 is a post-dated cheque, till that date (15/01/2012) comes. In other words, till 14/01/2012 this cheque will be considered as post-dated cheque. That is, the future date has not yet arrived (till 14/01/2012). On 15/01/2012, the cheque will be no longer a post-dated cheque, but becomes a current dated cheque.In India, a cheque should be presented for payment on or after the date that appears on the face of the cheque. This date is also called ostensible date.A banker cannot a pay a post-dated cheque as he has no mandate to debit the account of the depositor earlier than the date of the cheque. In other words, a post-dated cheque should not be paid and should be returned to the holder with the reason, "Cheuque is post-dated" as the payment of a post-dated cheque is fraught with dangers. Since payment of a post-dated cheque, as per Section of the 10 of the Negotiable Instruemnts Act, 1881, is not a payment in due-course, many banks in India will not make payment of the cheque.If any defect in the title of the payee is found later, the banker cannot claim protection and should make good the loss to the ture owner.M.J. SUBRAMANYAM, BANGALORE


Where and how can you arrange a tour or a visit to Korea's Prayer Mountain?

Call a good Travel Agent. A good one should be able to arrange that.


What is marking of cheque?

a person may not like to part with goods in return for a cheque from a party not well known to him.in such context the banker on whom the cheques is drawn may be asked by the customers to mark the cheques as good for payment.this implies that cheque was drawn in good faith and on funds sufficient to meet it.


What is Marked cheque?

a person may not like to part with goods in return for a cheque from a party not well known to him.in such context the banker on whom the cheques is drawn may be asked by the customers to mark the cheques as good for payment.this implies that cheque was drawn in good faith and on funds sufficient to meet it.


How long is a check good for before you cant cash it?

Currently in india, the validity of cheques is 3 months from the date mentioned on the cheque. Any cheque that is older than 3 months is considered a stale or invalid cheque and is worthless. For ex: If I give you a cheque on 1st of May 2013, it will be valid till 31st of July 2013. If you do not cash the cheque before 31st July 2013, the cheque is worthless. Even if you manage to deposit the cheque in your bank, it will come back with no money.


What is a good for payment check?

Hello,This is G.N.Raju from vizag, Andhra Pradesh. Good for Payment check is a 100% legal.I'm going to write one letter format in this forum, Cheque(with banker signature and stamp) and one bank letter head(which format i was write in below) these two things are enough. You can get the good payment from it.(ON THE LETTER HEAD OF THE BANK)/ BRANCH LEVEL- VERIFICATIONTO WHOMESOEVER IT MAY CONCERNDate:Ref No:Dear Sir,Sub: Undertaking towards Customer Cheque No: ________that it would be honored on its due date in the A/c XXXXX.This is to confirm that M/s ____________________________________having current a/c No: _______________________with our bank branch is in the privilege customer category.As per the request of our customer M/s YYY, we are issuing the undertaking along with the customer Cheque No: _______________Dated: ______for an amount of Rs X, 00, 00, 000 (_____________ Crores Only) issued in your favour.The mentioned Cheque will be honored on the mentioned due date irrevocably & unconditionally on presentation to our Bank branch with full responsibility and co-operation and without any notice to the customer.We do confirm not to honour the instructions of our customer _____________ to stop pay against the above cheque and we confirm that this conformation is in full force till the realization of the above cheque can not be revoked under any circumstances by our customer.We hereby confirm to facilitate the verification of Cheque No:______________________________& this letter through __________(Bank Name).Phone : +91-Fax : +91-Thanking you,Yours faithfullySignatureManager / Assistant ManagerEmp Code : Emp Code :BANK Seal