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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
What else can I help you with?
How do you treat a bearer cheque in cash book?
how bearer cheque posting in cash book
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
What is the source document for the cash payments journal?
Cheque
What is bank check book?
A check/cheque book is a collection of cheque's. These cheques can be used to make payments to anyone. They are as good as cash (Provided there is cash in the cheque drawers account)
How many days a cheque convert into the cash?
You have six months from the date of cheque to convert a cheque into cash. The date of the cheque is the date shown on the face of the cheque. After six months of time, the cheque becomes a "Stale cheque".If you present the cheque to a paying bank within six month period you can collect the cash in following ways.1. If the cheque's account is a account of paying bank: You can en cash the cheque on same day.2. If the cheque's account is not a account of paying bank: Depending on the clearing speed of the banking system you may get money on same day/ tomorrow/ or day after tomorrow.Please refer related questions to understand the cheque handling process in Banks.
Can you consider a cheque as a cash?
In Australia a cash cheque is the closest you can come to cash However a crossed check is definitely not cash.
How do you treat a bearer cheque in cash book?
how bearer cheque posting in cash book
Can you cash a cheque made out to cash at any bank?
I have been given a cheque made out for CASH am I able to cash it at any bank
Where can you cash a personal cheque with cheque guarantee card?
you can cash at Money shop, H & T, and cash generator
What is the definition of a cash cheque?
An open cheque or a cash cheque is one that can be taken to the bank that issued the cheque and converted to cash right away. The bank will ask proof of identity from the person cashing it to ensure that they are paying the correct person to whom the cheque was issued to
What is Cheque Swapping?
exchange of cash or its equialent against cheque
Is the correct grammar 'cashing' a check or 'cash in' a check?
The correct grammar is 'cashing' a cheque, or to 'cash' a cheque.
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
Is a cheque considered cash?
NO
Did you pay by cheque or .. cash?
in
What is the source document for the cash payments journal?
Cheque
Differences between cross and open cheque?
A cross cheque means, the cheque can be deposited in account only, while an open cheque means, the the bearer can withdraw cash. Cross cheque means cheque amount only paid to bank account open cheque cash withdrawal by parties
