It means that the value of the cheque is fixed and it cannot be negotiated or changed. The amount entered in the cheque is the exact amount anyone who deposits this cheque will get. Not a rupee more and not a rupee less. That is why Cheques are called non-negotiable instruments.
No. They do not collect any interest. The value of the cheque is fixed and does not get changed. The amount entered in the cheque is the exact amount anyone who deposits this cheque will get. Not a rupee more and not a rupee less. That is why Cheques are called non-negotiable instruments.
Rupee is the currency of Pakistan. Pakistani Rupee is Denoted with Re. or PkR symbol. Current Value of Pakistani Rupee is US$1/88.5.
5 cents. Pakistan uses the Pakistan Rupee as its currency the sub unit is the Paisa (1/100 of a Rupee) which is not used
rupee
It means you cannot cash it. A cheque has to be negotiable to be cashed. Non negotiable means it cannot be cashed. usually if you get a cheque with that stamped on it it is a sample or 'prize' lure for a contest.
Yes
Pakistani rupee.
rupee
India, Nepal, and Pakistan use rupee coins.
Pakistan uses the Pakistani Rupee, if that's what you mean. It's different from the Indian Rupee in terms of currency exchange values
Muhammad Ali Jinnah. the founding father of Pakistan