how to answer about my understanding of my main duties and responsibilities
A cheque clearing officer is responsible for processing and verifying cheques presented for payment, ensuring that they are legitimate and properly authorized. They also manage the reconciliation of accounts, monitor the flow of funds, and ensure compliance with banking regulations. Additionally, they may handle disputes related to cheque transactions and provide customer service support regarding cheque-related inquiries. Overall, their role is crucial for maintaining the integrity and efficiency of the cheque clearing process.
1) stock-in-transit(bank charges) 10 to bank 10 2) stock-in-transit(invoice value) 80 to supplier 80 3) stock-in-transit(clearing charges) 20 income tax(if claimable) 10 to clearing agent 30 4) clearing agent 30 to bank 30 5) supplier 80 to bank 80 6) inventory(10+80+20) 110 to stock-in-transit 110
inventory clearing
The process of clearing the cheque involves transfer of funds between banks using centralized check clearing houses.
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An agent who handles goods, usually at an international border.
C & F Agent stands for Clearing and Forwarding Agent. They are responsible for handling clearing (customs clearance) and forwarding (transportation) activities for goods being imported or exported. These agents help ensure smooth movement of goods through the supply chain.
When an agent is hired to represent his/her client an agency relationship is formed whereby the agent owes the client fiduciary duties, that include, loyalty, obedience and confidentiality.
The full form of C and F agent is a customs and clearing agent. These people expedite and route cargo.
. State your understanding of your main duties and responsibilities. . State your understanding of your main duties and responsibilities.
Role of C.H.A / C & F The goods to be Imported from outside India for home consumption and the goods to be Exported to abroad from India cleared from Custom by paying duties & file all Custom documents on behalf of Importer & Exporter from arrival / stack / custom cleared export import and Also lodge protest to short landing / damage or excess cargo. C.H.A is main Agent between Importer/Exporter and Custom Department having main role clearing the goods with correct procedure.
An agent owes fiduciary duties of loyalty, good faith, and fair dealing. An agent has to always prioritize the best interests of the principal, and must never act beyond his/her authority.
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to leave town
Clearing House
main duties and responsbilites for WNBA