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Repurchase of a cheque refers to the process where a bank or financial institution re-issues a cheque that was previously issued but not cashed or has expired. This can occur when the original cheque is lost, destroyed, or if the payee requests a new cheque due to various circumstances. The repurchase process typically involves verifying the original transaction and ensuring that the funds are still available. Depending on the bank's policies, there may be fees associated with this service.

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Related Questions

What are the two types of repurchase agreements?

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What is the Hebrew word for repurchase?

repurchase = liknót od pa'am (לקנות עוד פעם)


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Abbrevation of REPO?

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To check a cheque, you must check if the cheque is checked by checking the checked cheque of checking a checked cheque as a checker.


Difference between order cheque bearer cheque?

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What word means 'to buy back'?

repurchase


Is the correct grammar a cheque of or a cheque for?

cheque of is a right grammar!


Is a cheque also called a cheque leaf?

Yes. A Single cheque is also called a cheque leaf


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Functions of a cheque butt


What is repo stands for?

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