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How much time it will take for an SBI savings account for the cheque which is in the name of the account holder but different bank and also outstation?
Wiki User
∙ 15y ago
20-25 days!
Wiki User
∙ 15y ago
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How do you translate 'cheque account' into Afrikaans?
'Cheque account' in Afrikaans is 'tjekrekening'.
How do you cash a crossed cheque with no account?
You cannot. A Crossed Cheque is also called an Account Payee Only Cheque which means that, this cheque cannot be cashed directly. It can only be deposited into the bank account of the person to whom this cheque is issued. So, the only way you can cash the cheque is by opening a bank account (or using your existing bank account) and deposit this cheque.
What is account payee check?
A Crossed Cheque is also called an Account Payee Only Cheque which means that, this cheque cannot be cashed directly. It can only be deposited into the bank account of the person to whom this cheque is issued. So, the only way you can cash the cheque is by opening a bank account (or using your existing bank account) and deposit this cheque.
How do you cash a cheque?
Submit it to the Teller in a bank where you have a bank account. If it is a bearer cheque and you have an account in the same bank as that of the cheque, you will be paid cash immediately. If it is an account payee cheque, money will get credited to your account in the next 2-3 days
How do you realize the crossed check with out having any account?
You cannot. A Crossed Cheque is also called an Account Payee Only Cheque which means that, this cheque cannot be cashed directly. It can only be deposited into the bank account of the person to whom this cheque is issued. So, the only way you can cash the cheque is by opening a bank account (or using your existing bank account) and deposit this cheque
What are the charges for clearing an sbi outstation cheque in icici account of rs 14000?
My outstation cheque worth of Rs 40748-/- How many clearance charges there of and How much time to clear a outsation cheque of SBI i.e from Bardoli to Navsari
What is the minimum balance in sbh account?
Its Rs 1000/- for a savings account with cheque book....Rs 500/- for savings account without a cheque book !
In accounting what is balancing the accounts?
Its Rs 1000/- for a savings account with cheque book....Rs 500/- for savings account without a cheque book !
How long do you need to wait after depositing a check in your bank account and withdraw the cash?
Below are the expected time durations... * Local cheque - Same bank - One working day * Local cheque - different bank - 2 to 3 working days * Outstation cheque - Same bank - 3 to 7 working days * Outstation cheque - different bank - 7 to 10 working days Note: These are rough figures. The actual number of days needed to receive the payment may actually be lesser or greater than the number mentioned here.
How many type of bank cheque book?
There are typically two types of bank cheque books: those for savings accounts and those for checking accounts. Each type may have different features or restrictions, depending on the bank's policies and the account holder's needs.
Is it legal that a bank can charge to cash a check?
Yes. It depends on the type of cheque. If the cheque is from an outstation location (i.e., not in the same city as the bank) then they can charge a fee to cash the cheque.
How long does it take for a check to clear put in on a Friday?
Below are the expected time durations... * Local cheque - Same bank - One working day * Local cheque - different bank - 2 to 3 working days * Outstation cheque - Same bank - 3 to 7 working days * Outstation cheque - different bank - 7 to 10 working days Note: These are rough figures. The actual number of days needed to receive the payment may actually be lesser or greater than the number mentioned here.
How much time to clear a outstation cheque by state bank of India?
three to four days
What is multicity cheques?
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.
What do you mean by at par cheque?
At par cheque is a cheque on which no charge is deducted by the bank for crediting to your account, even if your account is in a branch that is in a different city from where the cheque is issued. For example, if your account is in Mumbai, and a company with its account in Delhi gives you a cheque, the Bank will charge certain amount from the cheque, as the cheque will have to be sent to Delhi to get cleared. However, with the networking of branches of most banks, it is possible to get the cheque cleared without sending it to the issuing branch. So, many private and some public sector banks are issuing at par chequebooks to their account holders. This means that you can pay a bill in Delhi by cheque even if your account is in some different city. The receiver of the cheque will not have to pay any charge on the credit of the cheque, meaning that he will be more willing to accept your cheque
What is a savings or deposit account?
It is a bank account where a person will make regular, monthly savings to build up capital. The savings or deposit account will not normally come with a card or cheque book and the savings in it will attract a higher rate of interest than a normal bank account. However you lose this high rate of interest if you withdraw your money suddenly or before a certain period,
How do you translate 'cheque account' into Afrikaans?
'Cheque account' in Afrikaans is 'tjekrekening'.
