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Bankers cheque-One thing you should know
Bankers Cheque Normally, It is seen that a cheque issued by a person to someone is a normal cheque which can be identified as one type of cheque. but in…
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Refer to Drawer (04-09) cheque return reasons
“Refer to Drawer” reason code no (04-09) will explain the exact reasons. First of all, we need to know all the reasons for the list of check return reasons. Refer…
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Exceeds arrangement meaning for cheque bounce
Exceeds arrangement meaning is very important to know because it is a reason for cheque return or bounce. As per the dictionary exceeds arrangement means- ‘व्यवस्था से अधिक ’ As…
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CHEQUE RETURN REASONS LIST IN BANKING
CHEQUE RETURN REASONS-IT CAN BE ASSUMED THAT 10% TO 15% OF THE CHEQUES GET RETURN IN CLEARING SYSTEM.
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EFFECTS NOT CLEARED; PRESENT AGAIN REASON (3)
EFFECTS NOT CLEARED IN SIMPLE WORDS WE CAN UNDERSTAND THE WORD EFFECTS NOT CLEARED; PRESENT AGAIN MEANS CHEQUES IN BANK ACCOUNTS ARE IN THE CLEARING CYCLE BUT FATE IS STILL…
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EXCEEDS ARRANGEMENT (2)- REASON OF CHEQUE RETURN
EXCEEDS ARRANGEMENT IN SIMPLE WORDS WE CAN UNDERSTAND THE WORD EXCEEDS ARRANGEMENT MEANS LESS OR NO FUNDS IN THE CHEQUE DRAWER’S BANK ACCOUNT TO GET CLEARING. BUT IN THIS CASE…
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Electoral Bond-definition, history, working, controversies & more
Electoral Bond Electoral bonds have appeared as a significant aspect of political funding in several countries, notably in India. These financial instruments have gathered both support and criticism for their…
