The process in which cheque details are captured by the payee bank (or its clearingagent) and electronically presented in an agreed format to the drawee bank (the bank on which it was drawn) for payment. Unlike the more common form of presentment where a cheque is physically presented to the drawee bank, a truncated cheque is stored by the payee bank.
Defination for NON-MICR CHEQUES
A truncated graph has on of its axes cut off or "truncated"
By usin cheques,it can be a cross cheques or open cheques
Inward clearing means the cheques received by the bank from other banks.These - Inward clearing - cheques are the cheques drawn by the bank/branchcustomerson their account in favour of other parties. On receipt of the inward clearing, the cheques arepostedto the various accounts on which they are drawn - meaning the accounts of the cheque issuer or drawer with the bank is debited tothe accountand the payment is made to the bankpresentingthe cheque.
Truncated icosahedron Truncated icosahedron
what is a cheques
if "For______________" seal is not affixed for cheques issued in the accounts of legal entity.
A truncated Octahedron has 36 edges.
there are 24 vertices's in a truncated cube
A truncated cube has 24 vertices.
A truncated octahedron has 14 faces.
A truncated octahedron has 24 vertices.