Tag: cheque return
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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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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…