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What else can I help you with?
Is it safe to issue dd or check?
From the issuer perspective both of them are one and the same. in fact, a cheque is cheaper because you get it for free but you have to pay a fee for taking a DD. From the receiver perspective a DD is safer because he will get the money for sure but there is always a chance that a cheque may bounce.
What is the exact meaning of an expired check?
Every bank cheque has a validity of 6 months from the date of issue of cheque. Let us say you issue a cheque to somebody on Jan 1st, till June 30th the cheque is valid. From July 1st the cheque is expired.
How long can you keep a cheque?
If you want to use the cheque and withdraw money then the max duration is 6 months from the date of issue of the cheque.
How do you write a letter for check misplaced?
To xxxxxxxx Sub: Misplaced of Cheque and issue a new cheque Dear Sir, I Received the Cheque which Issued by You on the name of " XXXXXXXXXXXXXX" the cheque Details as Below : Cheque No : XXXXXX Cheque Amt : X,XX,XXX/- Cheque Dated On : XX.XX.XXXX Drawn on : SBI Bank the cheque was misplaced by ME. So, we request you that Stop the Payment of Above mentioned Cheque. And Kindly issue a fresh new cheque in my name XXXXXXXXXXXXXXXx I will be thankful and oblige. Regards (XXXXXXXXXXXXx).
What is difference between manager's cheque and a demand draft?
manager's cheque is issue by you and bank draft is issue by bank on behalf of the customer And the money is more secured.
Define bank demand draft?
A Demand Draft is an instrument that signifies the availability of cash till the amount specified in the DD. It is similar to a cheque in appearance and usage with the difference that a cheque may or may not get cashed but a DD is guaranteed payment. While issuing a cheque you need not have cash in your account but still issue it. But in case of a DD you must have cash and that amount would be debited the moment you issue a DD and the payment would happen when the customer deposits the DD.
Is it safe to issue dd or check?
From the issuer perspective both of them are one and the same. in fact, a cheque is cheaper because you get it for free but you have to pay a fee for taking a DD. From the receiver perspective a DD is safer because he will get the money for sure but there is always a chance that a cheque may bounce.
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 is the exact meaning of an expired check?
Every bank cheque has a validity of 6 months from the date of issue of cheque. Let us say you issue a cheque to somebody on Jan 1st, till June 30th the cheque is valid. From July 1st the cheque is expired.
Where is the dd number written on the draft?
The Six digit number in double quotes at the bottom of the cheque..
What is the difference between a managers cheque and a dd?
i have know fricking idea. but, watermelon equals fifty
What is stale cheque period for SBI?
the validity of cheques and dd are 3 months from the issuing date
How long can you keep a cheque?
If you want to use the cheque and withdraw money then the max duration is 6 months from the date of issue of the cheque.
How do you write a letter for check misplaced?
To xxxxxxxx Sub: Misplaced of Cheque and issue a new cheque Dear Sir, I Received the Cheque which Issued by You on the name of " XXXXXXXXXXXXXX" the cheque Details as Below : Cheque No : XXXXXX Cheque Amt : X,XX,XXX/- Cheque Dated On : XX.XX.XXXX Drawn on : SBI Bank the cheque was misplaced by ME. So, we request you that Stop the Payment of Above mentioned Cheque. And Kindly issue a fresh new cheque in my name XXXXXXXXXXXXXXXx I will be thankful and oblige. Regards (XXXXXXXXXXXXx).
What is difference between manager's cheque and a demand draft?
manager's cheque is issue by you and bank draft is issue by bank on behalf of the customer And the money is more secured.
Can you issue blank cheques?
The answer is a BIG NO. DO NOT issue cheques to anyone that does not contain a cheque value.
What is an unpresented cheque?
An unpresented cheque is one that was never submitted for payment. for ex: lets say I owe you Rs. 10000 and issue a cheque to you. And you forget to cash it and keep it safely inside your vault. Then, that cheque becomes an unpresented cheque.
