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Can you send a photocopied cheque in payment?
No, the cheque needs to be original.
What are the disadvantages of paying cheques?
Some disadvantages are:You may lose the cheque or it might be stolenThe cheque issuer may not have sufficient balance in his acc to honor the cheque
How do you write a letter to bank to stop payment in missing cheque?
how did write a letter to bank manager missing the cheque and stop the payment
Is it possible to cancel cheques?
Yes. The term used for this is called Cheque "Stop Payment" You must visit the bank branch from which you got the cheque book and submit a letter stating the reason for the same and also provide the cheque number. If the cheque has not yet been paid, the cheque would be canceled and no payment would be made.
Which do store merchants prefer as payment for goods sold?
cheque
Who can stop payment of cheque?
Owner of Cheque and/or Bank
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
What is a countermanded cheque?
conutermanded cheque is the cheque which has been stoped payment....for some reasons
Can you send a photocopied cheque in payment?
No, the cheque needs to be original.
What are the power of check holder?
You can issue a cheque for payment, cancel a cheque, get the cheque deposited through the bank.
What are the disadvantages of paying cheques?
Some disadvantages are:You may lose the cheque or it might be stolenThe cheque issuer may not have sufficient balance in his acc to honor the cheque
How do you write a letter to bank to stop payment in missing cheque?
how did write a letter to bank manager missing the cheque and stop the payment
What is an elv number?
Is this related to an payment? In Germany, an ELV is a kind of electronic cheque.
What does this homophone mean to bring a stop and a payment of money?
check and cheque
Difference between order cheque bearer cheque?
A person holding the cheque can collect the amount if it is a bearer cheque. The payee (i.e. the person in whose favour the cheque is issued) only or his authorized person only can collect the amount of the cheque if it is an order cheque
What the homophone for payment of money?
check, cheque
What is the homophone of a payment of money?
A homophone of a payment of money is "cents."
