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What else can I help you with?
Where to cash a personal check?
There are two ways. # If it is a normal cheque that has not been crossed (not an A/C payee cheque) you can take the cheque to the cheque issuing branch, provide an identity proof and ask for cash # If it is a crossed cheque (A/C payee cheque) you can take it your bank branch and deposit it into your account. Irrespective of whether the cheque is crossed or not, you can use option no. 2. But only if the cheque is plain you can use option no. 1
Can two individuals with separate accounts have both of their names on a cheque without having a joint account?
Yes, two individuals can have both of their names on a cheque without having a joint account by using a "payable to order" cheque. This allows the cheque to be deposited into either person's account, even if they are not joint account holders.
What is the nature and crossing appearing on a cheque?
A cheque is crossed (two parallel lines) to show it can only be paid into an account. A cheque untouched i.e. no lines is called open, and can be cashed over the counter.
How do you deal with the dishonoured cheque?
You can do two things: a. Ask the person who gave you the cheque that bounced (got dishonored) to pay you again. If they agree then well and good. b. If they refuse to pay, then you can file a police complaint against the person who gave you the bounced cheque and request the authorities to get you the money you were supposed to get through that cheque.
You got a cheque with ac payee can you cash this today in carlisle?
You cannot encash an ac payee cheque directly. you need to deposit in your account and then You need to wait for a day or two as per the banks working schedule to receive the cash. It usually takes 2 working days for a local cheque. If it is a cheque from the same bank it may happen in 1 working day
Where to cash a personal check?
There are two ways. # If it is a normal cheque that has not been crossed (not an A/C payee cheque) you can take the cheque to the cheque issuing branch, provide an identity proof and ask for cash # If it is a crossed cheque (A/C payee cheque) you can take it your bank branch and deposit it into your account. Irrespective of whether the cheque is crossed or not, you can use option no. 2. But only if the cheque is plain you can use option no. 1
What is corporate check?
at a guess i'd say it was a cheque drawn from a company, rather than a personal, cheque bookcan be used to pay company bills etc, often needs to be counter-signed by two people, and often has limits
What is meant by crossing of cheque?
crossing a cheque is a process of drawing two parallel lines on a cheque with or without certain words
How is open cheque different from the crossed cheque?
Crossing a cheque means putting two parallel lines on the left hand top corner of the cheque. This means that, the cheque is a Account Payee cheque which means it can only be deposited into another account and cannot be exchanged for cash over the counter. This serves two purposes - you can keep a track of who encashed your cheque and also ensure that even if the cheque is lost, it cannot be misused by anyone. The person to whom the cheque was paid will be recorded.
What is the difference between a crossed cheque and an opened cheque?
Crossing a cheque means putting two parallel lines on the left hand top corner of the cheque. This means that, the cheque is a Account Payee cheque which means it can only be deposited into another account and cannot be exchanged for cash over the counter. This serves two purposes - you can keep a track of who encashed your cheque and also ensure that even if the cheque is lost, it cannot be misused by anyone. The person to whom the cheque was paid will be recorded.
What is mutilated cheque?
In case a cheque is torn into two or more pieces and presented for payment , such a cheque is called a mutilated cheque'''''''''It can behonoredif the collecting bank guarantees by certifying back side of the mutilated cheque...BOB Amin
Crossing a check?
Crossing a cheque means putting two parallel lines on the left hand top corner of the cheque. This means that, the cheque is a Account Payee cheque which means it can only be deposited into another account and cannot be exchanged for cash over the counter. This serves two purposes - you can keep a track of who encashed your cheque and also ensure that even if the cheque is lost, it cannot be misused by anyone. The person to whom the cheque was paid will be recorded.
What is the purpose of crossed check?
A Crossed Cheque is also called an Account Payee cheque. This type of cheque cannot be cashed directly. It can only be deposited into an account of the person to whom the cheque is issued. This is done to ensure that in case the cheque is lost, it cannot be cashed by anyone who finds it. Crossing a cheque is done usually by making two parallel lines in the top left corner of the cheque.
What is cheque truncation?
A cheque is a money order A truncation is something that is cut short. The two words together make no sense.
Can you cash a 600.00 cheque after two years in Australia?
No. Cheques are good for only one year from the date written on the cheque.
Can two individuals with separate accounts have both of their names on a cheque without having a joint account?
Yes, two individuals can have both of their names on a cheque without having a joint account by using a "payable to order" cheque. This allows the cheque to be deposited into either person's account, even if they are not joint account holders.
What is the nature and crossing appearing on a cheque?
A cheque is crossed (two parallel lines) to show it can only be paid into an account. A cheque untouched i.e. no lines is called open, and can be cashed over the counter.
