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What is the difference between a truncated cheque and a cheque in electronic form?
A truncated cheque (defined in NI act section 6) as a cheque which is truncated during the course of a clearing cycle either by the clearing house or by the bank (paying or collecting) immediately on generation of electronic image of the cheque, substituting the further movement of the cheque. In such a process,a cheque will be scanned and the electronic image of the cheque instead of the physical cheque will be transmitted in the clearing cycle. An electronic cheque is a cheque in electronic form as against the usual paper instrument in writing generated, written and signed with the use of digital signature (with or without biometric signature and asymmetric crypto system)
What is the meaning of truncated cheques?
The process in which cheque details are captured by the payee bank (or its clearingagent) and electronically presented in an agreed format to the drawee bank (the bank on which it was drawn) for payment. Unlike the more common form of presentment where a cheque is physically presented to the drawee bank, a truncated cheque is stored by the payee bank.
What is a truncated graph?
A truncated graph has on of its axes cut off or "truncated"
What is the mathematical term for a football?
Truncated icosahedron Truncated icosahedron
How many sides does a truncated tetrahedron have?
A truncated Octahedron has 36 edges.
How many corners has a truncated cube?
there are 24 vertices's in a truncated cube
How many vertices's does a truncated cube have?
A truncated cube has 24 vertices.
How many faces does a truncated octahedron have?
A truncated octahedron has 14 faces.
How many corners does a truncated octahedron have?
A truncated octahedron has 24 vertices.
How many edges does a truncated cube have?
a truncated cube has 36 edges
What does it mean when a baby is truncated?
The word truncated means "shorten." When a baby is truncated, it means that it has been shortened. For further questions, speak to your pediatrician.
How many vertices does a truncated octahedron have?
A truncated octahedron has 24 vertices.
