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Can cross cheque be deposited in bearer account?
A crossed cheque must be banked. If the or bearer is not also crossed/deleted; then, strictly speaking, the cheque can be banked into the holder (bearer) of the cheque [and the bank teller will write the bank account number into which the cheque is being deposited].Some countries will only let the cheque be deposited into the bank account of the person/business named on the cheque (even if the or bearer is not crossed/deleted).
Can a government cheque be deposited in an inactive bank account?
is it possible for money to be deposited in an inactive bank account
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 does CLG mean on a bank statement?
Cheque deposited and cleared
What is a sentence for. cheque?
Cheque can be deposited at the corresponding bank only. It is the sentence containing the word cheque.
How do you encash crossed cheque?
Deposit it into your bank account A crossed cheque cannot be cashed directly. It can only be deposited into a bank account.
What will be the entry in cash book when cheque is paid to bank?
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
How do you use deposited in sentences?
I deposited the cheque into my bank account. I made a deposit on the new T.V. set.
What is the journal entry for cheque of another bank deposited to bank?
[Debit] Bank account [Credit] Cash account
What does cheques effects not clear means?
"Cheque effects not cleared" typically refers to a situation where a cheque has been deposited into a bank account but the bank has not yet processed or cleared the funds. When a cheque is deposited, it goes through a clearing process, during which the bank confirms that the cheque is valid and that the funds are available in the account of the person or entity issuing the cheque. If the cheque’s effects are "not cleared," it means that the transaction is still pending or waiting to be processed.
Meaning of To Clearing when cheque is deposited?
It means that the money has exchanged from one bank to the next.
Is there a way to find out where a check was cashed or deposited?
If you issued the cheque, your bank will be able to tell you that.
