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Any type of Pay-Order / Demand Draft is cancelled by the permission and instructions made by the beneficiary. The customer could only cancel the pay order/ demand draft as the verified signatures of beneficiary are present on the advice.

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Q: What are steps in cancellation of pay order?
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ROCKET/SBI/13-14/July 4, 2013Fax No.-------------The Branch ManagerState Bank of India14/7 Nariman PointMumbai 585 487Ref.: A/c No.CC --------------------Dear Sir,Reg : Cancellation of Pay OrderPlease cancel the Pay Order No. ------ dtd. 01.07.13 for Rs. -----------/- (Rupees ---------------- only) issued in favour of UBI A/c Commissioner of Customs payable at Mumbai and credit the proceeds to our CC A/c ------------------------ maintained with you.Thanking you,Yours faithfully,For Rocket Sales Ltd.Authorised Signatoryhttp://stabnet.blogspot.in/2012/07/pay-order-cancellation-letter-to-bank.html


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