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Popular TV Game show Kaun Banega Crorepati the prize money is issued on the cheques of which bank?
Wiki User
∙ 12y ago
ISSUED ON THE
AXIS BANK CHEQUES
Wiki User
∙ 12y ago
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Who issued the poster at right?
the allies
Is vinayaka mission certificate valid or not?
It is not valid, till 2005, certificates ( All Degrees) issued by this university are valid, Later, the certificates issued by this university is not valid
Which month parliament budget is issued in India?
April
In India coins and subsidiary coins are issued by?
By RBI
What is the number of writs that can be prayed for and issued by the Supreme Court or a High Court of India?
The number of writs that can be prayed for and issued by the Supreme Court and/or a High Court of India is 3.
What is the journal entry for issued cheques?
debit accounts payablecredit bank
Difference between a cash book balance and bank statement?
1.cheques issued to creditors but not presented for payment 2.cheques recieved from debtors depositted in to bank and not credited by the bank 3.cheques written and entered in the pass book but not issued by mistake 4.cheques received and entered in the pass book but not depositted in to the bank
Can you get travellers cheques for someone else?
No. You can get them only from banks that are authorized to issue travelers Cheques. Also, these Cheques are issued to an individual and the bank records this information. Only the same individual can cash it and the cheque cannot be cashed by anyone else.
Why do you need a travel check?
Travelers cheques are a safe alternative to carrying cash. By paying a small premium, you are protected if your cheques are lost or stolen. The bank that issued the cheques guarantee the merchant will get paid, even if they are fraudulently cashed, and the bank will reimburse you if they are lost or stolen.
What is the meaning if a cheque dishonoured by property not marked?
if "For______________" seal is not affixed for cheques issued in the accounts of legal entity.
If you have a check made out to you drawn upon that branch can they charge you a fee?
If you cash a check at the bank where the account is, then it's not common to be charged a fee for cashing it. Most banks do not charge you for cashing local cheques (cheques issued in the same city even if it is a different bank) It also depends on the type of account you hold and the place from where the cheque was issued to you.
Collection and payment of check?
When you deposit a cheque into your bank account the series of steps mentioned below follow... Assuming the cheque you deposited is from Bank A and your bank is Bank B. 1. Bank B collects all the cheques that are issued by customers of Bank A. 2. They would send all these to Bank A for validation, who in turn would send cheques of Bank B deposited with them 3. In Bank A, all the cheques will be validated for their originality and also for funds in the accounts. If so, those cheques would be passed. 4. In the meantime Bank B would have validated its cheques that were given by Bank A 5. Bank A and Bank B would have some calculations and adjust the payments to be made for the cheques issued by its customers. 6. All this happens in 2-3 working days and you would realize the payment.
Can anyone sign a blank travellers cheque?
No. The travellers cheques can be signed only by the person to whom it was issued to. When a travellers cheque is issued, the name of the person to whom it is issued is recorded. Hence it can be cashed only by the person to whom it was issued and no body else. No one else can sign the cheque except that person.
What are functions of a cheque?
A cheque is an instrument issued by the drawer, directing the bank to provide cheque deposit services, to unconditionally pay a specific amount to the beneficiary or bearer upon presentation. By functions, cheques are divided into cash cheques and transfer cheques.
Does all the cheque are micr cheques?
MICR stands for Magnetic Ink Character Recognition. It is a system using which magnetic readers can easily identify the bank that issued the cheque and other details reg. the cheque. Yes, all banks use MICR codes in their Cheques.
Which country has only paper currency and no coins and it issued cheques in 1997?
Zimbabwe discontinued its own currency in 2015 due to hyperinflation, and as of that time it only had paper notes in circulation. Cheques were introduced in Zimbabwe in 1997.
Why there is a difference between cash account in the campony's book and bank statement balance in bank?
The cashbook (account) in the company's books reflects all cheques written to suppliers and all cheques received from customers. However, the bank statement balance shows only cheques that have cleared. So at any date there can be a difference between the cashbook and the bank statement, comprising of cheques issued and/or cheques received but yet to clear and be debited/credited to the bank balance. There may also be differences due to accounting errors or omissions. In doing a bank reconciliation these differences can be identified and corrected.
