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What else can I help you with?
Why does it take so long for a check to clear?
funds have to be verified
How long banks take to clear checks?
usually they take up to 4 days but if its a higher sum they may keep it for a VERY long time!
How long does it take for counter credit to clear in your account?
37.5 hours 58 seconds
What is a cheque?
A cheque is a negotiable instrument that can be issued by one person to pay money to another person/entity. The person to whom the cheque is issued is entitled to receive the sum mentioned in the cheque (provided the account has sufficient balance) from the bank where the cheque issuer holds his account.
Is it correct to say send us with a cheque?
Not unless you want stamps sticking on your foreheads. But what you should have said is difficult to assess because I don't know what you want to say: Send us a cheque send a cheque with our letter? We are sending a cheque?
How can you prove your mother lent money with only a cheque you know it was a loan but the person who received the cheque says it is a gift?
she should write on the back of cheque this is a loan to whoever and get them to sign and date it
How long is a Canadian cheque valid for?
Under CPA Rule A4, Section 21, a cheque is considered stale-dated after six months, unless it has been certified. Although it may be returned through the clearing for that reason, there is no obligation to do so, and the payor’s financial institution may still accept it as a valid payment item. An institution accepting a cheque that is dated more than six months earlier may choose to contact the payor’s financial institution to confirm whether the cheque will still be accepted.
Why is a check called a kite?
It isn't. "Kiting a cheque" is slang for writing a bad cheque when there is no money in your account. A kite is made of paper and has nothing between it and the ground - a bad cheque is paper and has no money behind it - you can see the similarities that made people start using the term "kite" to mean "writing a bad cheque."
How much time it will take for an SBI savings account for the cheque which is in the name of the account holder but different bank and also outstation?
20-25 days!
How long does It take to clear bankruptcy?
Bankruptcy is never really cleared. Companies usually stop considering it as an issue for credit, after seven years. It still remains in many consumer reports.
How long does it take to clear credit?
Negative information remains on a credit report for seven years after the DLA. In the case of judgments, they are renewable and can be replaced on a CR at the time of renewal for another seven years.
Whether secondary evidence can be adduced in cheque bounce case under 138 proceedings?
Secondary evidence - Original cheque lost (37.) Section 138 - Original cheque lost - Secondary evidence - Photocopy of cheque already on record - If cheque is really lost it would be improper and incorrect to deny the complainant an opportunity to substantiate his grievance by adducing secondary evidence as permitted under Section 65 of Evidence Act. (Evidence Act, 1872, Section 65). (Chitaranjan Vs Jayarajan) 2005(1) CIVIL COURT CASES 810 (Kerala)Rohit NaagpalAdvocate
