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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 a cheque dated may 2005 still be paid into an account?
I am afraid not. after one year they are dead. Such cheques are called Stale Dated Cheques. It differs from country to country. In many countries cheques become stale after 90 days from the date of issue
What is required for a merchant account setup?
There are many things that are required in order to apply for a merchant account setup. There are requirements like a good credit score and means of credit like a credit card.
How do you write a cheque out to cash i have to pay my builder who requests cash but i only have my bank cheque book or my credit card cheque book until next wk and the builder says he has no bank?
first off, are you kidding me? give a cheque or find someone else - no one except you pays by cash. 2nd, many banks will not accept cheques made out to "cash". some might but its unlikely in this day and age. the only alternative is to draw cash from your credit card to the limit every day until you have enough.
Where can one obtain a merchant account credit card?
BluePay is a huge credit business that many businesses use and get information from to help pay and/or get money for their business. It is almost always businesses that obtain and use merchant account credit cards.
If one have deposited a cheque on last Friday of ICICI in his SBI account how many days it will take to clear?
it will credit on monday night after 8.PM
What do you mean by at par cheque?
At par cheque is a cheque on which no charge is deducted by the bank for crediting to your account, even if your account is in a branch that is in a different city from where the cheque is issued. For example, if your account is in Mumbai, and a company with its account in Delhi gives you a cheque, the Bank will charge certain amount from the cheque, as the cheque will have to be sent to Delhi to get cleared. However, with the networking of branches of most banks, it is possible to get the cheque cleared without sending it to the issuing branch. So, many private and some public sector banks are issuing at par chequebooks to their account holders. This means that you can pay a bill in Delhi by cheque even if your account is in some different city. The receiver of the cheque will not have to pay any charge on the credit of the cheque, meaning that he will be more willing to accept your cheque
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.
Why cheques not cleared today?
In the UK it depends who you bank with, traditionally cheques have always taken 3 days to clear through the UK banking system, this allowed the banks time to check that the money was available to pay the cheque, however technology has improved so much that it no longer takes 3 days in many cases the cheque can be cleared almost instantly, some UK banks now offer to credit your account at the time you deposit the cheque, although others still insist on waiting up to 3 days. Check with your bank for clearance terms.
Is a Commonwealth Bank Pensioner Security Account a checking account?
You have the option of keycard access or a passbook. You do have the option of having a cheque book (not that many people write cheques these days in Australia).
Are the advertisements you see about Google jobs Data entry online and work from home legitimate?
Many of these too-good-to-be-true jobs are fraudulent. Be careful of any business that asks you for a deposit for equipment, materials, etc. at any time. One technique fraudulent businesses use is to send you a cheque in advance for a large sum of money. You deposit the cheque into your account. Your bank would credit you the money and the sum would appear in your account. However, your bank has only placed that money there conditionally; it is still attempting to collect that money from the cheque issuer. While this verification process goes on, the business will ask you for a deposit of some kind, typically much less than the deposit you "see" in your account. So you pay the business a deposit. A few days later, you find that the business' cheque to you is NSF, but your cheque to the business has cleared. You will have lost the deposit you paid the business.
What are the charges for clearing an sbi outstation cheque in icici account of rs 14000?
My outstation cheque worth of Rs 40748-/- How many clearance charges there of and How much time to clear a outsation cheque of SBI i.e from Bardoli to Navsari
How many type of bank cheque book?
There are two types of cheque books that are currently available: a. Cheque books linked to Savings Accounts b. Cheque books linked to Current or Checking Accounts Though the function of the cheque issued to either of the accounts is the same, it is distinguished by the type of account from which money is taken to pay the cheque.
In how many days high value cheque will be cleared?
It usually takes 2 working days. (Can be speeded up if you have contacts in the bank)
If an account has been charged for a transaction but the merchandise has since been returned within how many days of receipt of the bill should a credit be received?
45
Can a cheque dated may 2005 still be paid into an account?
I am afraid not. after one year they are dead. Such cheques are called Stale Dated Cheques. It differs from country to country. In many countries cheques become stale after 90 days from the date of issue
Where can you get cheques cashed?
You can cash cheques at several places, including banks and credit unions where you have an account. Many grocery stores, convenience stores, and check-cashing services also offer cheque cashing for a fee. Additionally, some retail chains and financial service providers may provide cheque-cashing services as well. Always check for identification requirements and fees associated with each option.
