answersLogoWhite

0

As per Reserve Bank Of India Transaction Authorisation Code in respect of a Demand Draft is 16.

This 2 digit number located right bottom (last 2 digits)

User Avatar

Wiki User

16y ago

What else can I help you with?

Continue Learning about Accounting

How do you locate branch code on demand draft?

A demand draft is a check that has a customer's bank account information on it but not the customer's signature. These are often created by merchants or banks. The branch code location can vary from one bank to another, but they are usually either found at the very top of the draft or the bottom.


Is a transaction code used for bank transactions?

Transaction codes are used by banks to determine what time if transaction has occurred at the bank. Everything from a code used for a deposit to a checking account to another different code used to make a loan payment.


What is the meaning of PCA code in ATM transaction receipt?

The PCA code on a ATM transaction receipt means "personal access code." This is the pin number you use to access your account.


What is a TAC code for a bank?

A TAC code, or Transaction Authentication Code, is a security feature used by banks to verify the authenticity of a transaction. It is typically a unique, time-sensitive code generated for a specific transaction and sent to the user via SMS or email. The TAC code helps prevent fraud by confirming that the person initiating the transaction is authorized to do so. Users must enter this code to complete certain banking transactions, adding an extra layer of security.


How do you reallocate a transaction among multiple accounting codes in US bank?

To reallocate a transaction among multiple accounting codes in US Bank, first log into your account and locate the transaction you wish to reallocate. Select the option to edit or reallocate the transaction, then enter the appropriate accounting codes and the respective amounts for each code. Ensure that the total of the allocated amounts matches the original transaction amount, then save the changes to complete the reallocation. Always verify the adjustments for accuracy before finalizing.

Related Questions

Where is the Transaction code in Demand Draft?

As per Reserve Bank Of India Transaction Authorisation Code in respect of a Demand Draft is 16.


How do you locate branch code on demand draft?

A demand draft is a check that has a customer's bank account information on it but not the customer's signature. These are often created by merchants or banks. The branch code location can vary from one bank to another, but they are usually either found at the very top of the draft or the bottom.


Where is IOB branch code in demand draft?

demand draft exchange rate for iob per 200.00 demand draft exchange rate for iob per 200.00


Is the srno is same as ddno in sbi dd?

No. On the bottom, the first no. is the DD no., it is of 6 digit the second no. is the MICR, it is of 9 digit and last one is transaction code of two digit in between micr no. and transaction code there may be some other 6 digit for example- "380033"000001000:000034 12 "ddno" micr no. : 6 digit transaction code respectively


How do someone find Branch code on demand draft?

Usually the bank code can be found in the bottom of a demand draft. Check out for a white strip of paper on the bottom part of the draft and you can see different codes printed in magnetic recognition patterns. One of them will be the bank code.


Where to get demand draft number?

Usually the bank code can be found in the bottom of a demand draft. Check out for a white strip of paper on the bottom part of the draft and you can see different codes printed in magnetic recognition patterns. One of them will be the bank code.


What is Demand Draft code?

Usually the DD Code or DD Number can be found in the bottom of a demand draft. Check out for a white strip of paper on the bottom part of the draft and you can see different codes printed in magnetic recognition patterns. One of them will be the DD number. It is a unique code/number that can be used by banks to identify a DD and its details.


How can you find the bank code in demand draft?

find pf mission mltry member


Example of a DD number in a DD?

A DD number, or Demand Draft number, typically consists of a unique alphanumeric code assigned to a specific demand draft issued by a bank. For example, a DD number might look like "DD123456789". This number is crucial for tracking and processing the demand draft during transactions.


How do you know a cheque or how to identify a cheque?

a cheque has a self signature where as a demand draft has a banker's signature and the officials code number on its face..


What transaction code is used to modify the user's profile in gcss?

What transaction code is used to modify the user's profile


What is the transaction identification code for an auto reverse post transaction?

1AM