Is an undated cheque valid? Can I cash an undated cheque? Section 4(a) Bills of Exchange Act 1949 (Act 204) provides that a bill is not invalid by reason that it is not dated. Where the date has been omitted, it is generally considered that a holder...
How do I use a current account? You can start using your current account once it is approved by your bank. Withdrawals from your account (subject to the available balance in the account) can be made either through cheques or ATM...
What is clearing day-hold? Clearing day-hold refers to the time taken for funds from the cheques which have been cleared to be credited into the payee's account. The time taken would depend on the type of cheque deposited,...
