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These are not the exact words,
Gandhi said '...THE OFFER IS LIKE A POST DATED CHEQUE, TAKE IT OR LEAVE IT AS IT IT'.
Some over Enthusiastic journalist added the last part 'on a crashing bank'.
Of course it doesn't matter becz,British Empirewas really a crashing bank then...:)
What else can I help you with?
Which one is correct cheque leaf or cheque leaves?
Both are correct. If a single cheque is used it is called a cheque leaf. If a number of Cheques are used, collectively they are called cheque leaves or a cheque book or a booklet of Cheques. They all refer to one and the same. The difference is just the number of Cheques under consideration.
What does rd cheque stand for?
(R)eturn to (D)rawer.
Can a bank cash a check that is more than 6 months old?
NO, a cheque becomes stale after six months, but this does not mean that the money can not be cashed, if its a signatory to the account that presents the cheque, all you need do is change the date on the cheque to a more recent one, and if its a third party, kindly refer back to the signatory of the account to change the date to a recent one.
Where is the 9 digit code number of SBI branch on its cheque?
The 9-digit code number of an SBI branch, known as the IFSC code, is typically not printed directly on the cheque. Instead, you can find the branch code, which is a part of the 11-digit IFSC code, on the bottom right corner of the cheque leaf. Additionally, the cheque may display the bank's name, branch name, and account number, which can also help identify the branch. For the complete IFSC code, you may need to refer to your bank's official website or contact the branch directly.
In what circumstances a cheques may be dishonoured?
A bank may return cheque unpaid on the following conditions: insufficient fund in the account, if the bank gets information about the death of a customer, when the check is stale, irregular signature, refer to drawer, amount in words differs from amount in figure.
What is the homonym for cheque?
The homonym for "cheque" is "check." "Cheque" is the British English spelling, while "check" is the American English spelling. Both words refer to a written order directing a bank to pay money.
What does CA mean on a personal cheque?
On a personal cheque, "CA" typically stands for "cash amount." It indicates the amount of money the cheque is written for, which can be cashed or deposited by the recipient. In some contexts, "CA" may also refer to "California" if the cheque is issued from that state, but in financial terms, it primarily relates to the cash value of the cheque.
Which one is correct cheque leaf or cheque leaves?
Both are correct. If a single cheque is used it is called a cheque leaf. If a number of Cheques are used, collectively they are called cheque leaves or a cheque book or a booklet of Cheques. They all refer to one and the same. The difference is just the number of Cheques under consideration.
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.
Is it right to start a business letter with Further with reference to your letter dated?
I think it should be: - Further to your letter dated ..... or We refer to your letter dated ....
What does rd cheque stand for?
(R)eturn to (D)rawer.
What is a bam?
A bam is a dated term used to refer to a cheat or hoax.
What does it mean when the bank writes the bank across a cheque REFER TO DRAWER?
if the service branch send the chq for clearing in wrong branch. then chq is bounced for the reason ' refer to drawer'
What is mean by stale check?
A stale cheque is a term used to refer to a cheque that is old and expired. Such cheques are totally worthless. Cheques usually have a validity period after which they are considered expired or stale. In india the validity is 3 months and in most countries around the globe it is between 3 to 6 months. If I give you a cheque on 1st of May 2013 the cheque will be valid till 31st July 2013 and starting 1st August 2013, the cheque will be considered stale. If you try to cash that cheque, you will not get any money.
What does the word colored refer too?
Out dated term for someone with dark skin.
What are the payment terms L C or PDC or CDC?
LC - letter of credit PDC - post dated cheque CDC - current dated cheque
Difference between crossed check and account payee check?
Actually they both refer to the same. A crossed cheque is also called an account payee cheque. These types of cheques can only be deposited into an individuals bank account and will not be cashed over the counter. This is used to minimize misuse of cheque instruments in case of loss or theft. We can always track the destination account into which funds were deposited using our crossed cheque whereas in case of bearer cheques (the ones that aren't crossed and can be cashed over the counter) we cannot.
