In an HDFC Bank statement, "BRD" typically stands for "Branch Retail Deposit." It refers to transactions related to deposits made at a bank branch. This may include cash deposits, cheque deposits, or other forms of retail banking transactions processed at the branch.
Here's a copy of hsbc personal cheque policy. The last part will answer your question.Personal Account - Cheque Hold Policy and First $100 Availability1Our policy is to release funds deposited by cheque as soon as reasonably possible. We can hold your cheque deposit as outlined in the table below:Cheque Deposit Method:Cheque AmountHold PeriodFirst $100 Availability1* Business Days do not include a Saturday, Sunday or Statutory HolidaysIn person with an HSBC Employee (In Branch)$1,500 or less5 business days*ImmediatelyMore than $1,5007 business days*ImmediatelyUsing any other methodAll amounts6 business days*On the next business day* The above cheque hold periods apply only to cheques that satisfy the following criteria:paper-based; magnetically encoded Canadian dollar cheque or instruments that can be read by our operational systems (i.e. not damaged or mutilated); and are drawn on a financial institution's branch located in Canada;deposited to an account where there is no evidence for us to believe that there may be illegal or fraudulent activity in relation to the account, or other indicators of a suspicious transaction, including those that we are required by law to report;deposited to an account open for more than 90 days;the cheque has not been endorsed more than once; andthe cheque must be deposited within six months of the issue date.In the event that the above criteria are not met and HSBC chooses to hold a cheque for a different length of time or not make the first $100 deposited available1 the depositor will be provided with a written notice. The notice will be provided immediately if the deposit was made in person, or on request if deposited in any other manner.A cheque hold period of 30 business days2 applies to all other cheques drawn on a financial institution's branch located in Canada.A cheque hold period of 30business days3 applies to all cheques drawn on a financial institution's branch located outside of Canada.footnote:3 This hold period is an estimate and applies where we have credited the funds to your Account. We may extend this hold period if payment for the cheque has not been received by us within the initial maximum hold period.
It depends on what bank you are depositing the Cheque into.If it is DBS or POSB then '1 Day'.If other banks in Singapore then it will take 2-3 DaysIf other banks outside of Singapore then it will take 7 to 14 days depending on which country you deposit it into
If you are going to take the cheque yourself to cash it, the bank cashier or teller may ask you to leave the bank because there are no funds. If you are going to deposit the cheque in some other account in a different bank, then you may face cheque bounce charges in both the banks and a significant hit to your credit rating.
Bank of India has 667 branches in the State of Maharashtra in India. Out of these Mumbai alone has 97 branches. Pune has 29 branches. There are numerous other cities where bank of india has branches.
It depends on various factors. Let us take a look assuming you have got a cheque from a friend who has an account in ICICI Bank, Chennai:If you visit any ICICI Bank branch in Chennai and deposit the cheque into your ICICI account - Usually the same dayIf you visit any ICICI Bank branch outside Chennai and deposit the cheque into your ICICI account - Usually the same or next working dayIf you visit any other bank in Chennai and deposit the cheque into your account - 2 to 3 business daysIf you visit any other bank outside Chennai and deposit the cheque into your account - 3 to 5 business days
In an HDFC Bank statement, "BRD" typically stands for "Branch Retail Deposit." It refers to transactions related to deposits made at a bank branch. This may include cash deposits, cheque deposits, or other forms of retail banking transactions processed at the branch.
yes you can deposit money in any other branch of pnb bank.
yes third party can draw self cheque but maximum amount 20000/- from other branch and on same branch its onward .
Here's a copy of hsbc personal cheque policy. The last part will answer your question.Personal Account - Cheque Hold Policy and First $100 Availability1Our policy is to release funds deposited by cheque as soon as reasonably possible. We can hold your cheque deposit as outlined in the table below:Cheque Deposit Method:Cheque AmountHold PeriodFirst $100 Availability1* Business Days do not include a Saturday, Sunday or Statutory HolidaysIn person with an HSBC Employee (In Branch)$1,500 or less5 business days*ImmediatelyMore than $1,5007 business days*ImmediatelyUsing any other methodAll amounts6 business days*On the next business day* The above cheque hold periods apply only to cheques that satisfy the following criteria:paper-based; magnetically encoded Canadian dollar cheque or instruments that can be read by our operational systems (i.e. not damaged or mutilated); and are drawn on a financial institution's branch located in Canada;deposited to an account where there is no evidence for us to believe that there may be illegal or fraudulent activity in relation to the account, or other indicators of a suspicious transaction, including those that we are required by law to report;deposited to an account open for more than 90 days;the cheque has not been endorsed more than once; andthe cheque must be deposited within six months of the issue date.In the event that the above criteria are not met and HSBC chooses to hold a cheque for a different length of time or not make the first $100 deposited available1 the depositor will be provided with a written notice. The notice will be provided immediately if the deposit was made in person, or on request if deposited in any other manner.A cheque hold period of 30 business days2 applies to all other cheques drawn on a financial institution's branch located in Canada.A cheque hold period of 30business days3 applies to all cheques drawn on a financial institution's branch located outside of Canada.footnote:3 This hold period is an estimate and applies where we have credited the funds to your Account. We may extend this hold period if payment for the cheque has not been received by us within the initial maximum hold period.
no there is no branch of wwe in india.it is only that the"SFL"is in india and there is no other branch ecept the "SFL"branch.But wwe is fake really fake
It depends on what bank you are depositing the Cheque into.If it is DBS or POSB then '1 Day'.If other banks in Singapore then it will take 2-3 DaysIf other banks outside of Singapore then it will take 7 to 14 days depending on which country you deposit it into
It depends on various factors. Let us take a look assuming you have got a check from a friend who has an account in ICICI Bank, Chennai: a. If you visit any ICICI Bank branch in Chennai and deposit the check into your ICICI account - Usually the same day b. If you visit any ICICI Bank branch outside Chennai and deposit the cheque into your ICICI account - Usually the same or next working day c. If you visit any other bank in Chennai and deposit the check into your account - 2 to 3 business days d. If you visit any other bank outside Chennai and deposit the check into your account - 3 to 5 business days
you may have automatic deposit wherein you receive the funds on the cheque automatically before it actually clears at the other bank
If you are going to take the cheque yourself to cash it, the bank cashier or teller may ask you to leave the bank because there are no funds. If you are going to deposit the cheque in some other account in a different bank, then you may face cheque bounce charges in both the banks and a significant hit to your credit rating.
It depends on the type of account you want to open. Most Nationalized banks in India allow you to open an account with a minimum deposit of Rs. 500/- or Rs. 1000/- (depending on whether the branch is a rural or city branch). Private banks on the other hand require a higher minimum deposit - usually Rs. 5000/- or more. But, they also have special accounts which offer 0 balance facilities but they come with a condition - like if you have a salary account. You need to check with your bank to find out the exact amount
an NSF cheque is often called a "bounced" cheque