Most do.
There will be no entry in cash book when cheque is paid into bank if cash was deposited into bank then there will be entry in cash book
please given us a cheque book of saving bank account
You can 'express clear' a cheque at any bank - but they will charge you a fee for doing so.
Cheque book balance means bank balance as per cheque book
I am not sure if this is possible but you can try it out: a. Call up customer care and ask them for a cheque book b. Go to an axis bank ATM and select cheque book request Most private banks in India offer these 2 facilities for getting a cheque book and I guess Axis bank too has this option
Yes. They may charge a one time cheque bounce fee + service charge + fine etc.
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)
Usually Cheques issued by banks have a city associated with them. For ex: if I give you a cheque from my bank account in Chennai, India, and you want to deposit it in your account in Delhi, India, it is an outstation cheque and your bank will charge you a fee for cashing that cheque. Usually around Rs. 50/- If my bank has given me a multicity cheque - it means that when you deposit it in Delhi, your bank will not charge you this cheque cashing fee because my check is the same irrespective of which city in India it is cashed.
Yes, it is legal for a bank to charge a fee to cash a check. Banks often charge fees for various services, including check cashing, to cover administrative costs and generate revenue. It is important to check with your specific bank to understand their policies and any associated fees.
You can order new cheque book by calling on0800 912 3123 or by visiting nearest Santander bank account.
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
No. A cheque written to self, can be encashed only in the bank which has issued the cheque book to you for holding the account.