Safety Measures: What are the do's and don'ts of using cheques? Do's Write clearly and legibly and always use permanent ink pens such as a ball pen Ensure no alteration/amendment/erasure on the face of the cheque as banks will reject such cheques Begin writing...
Can my wife operate my current account when I am overseas? Yes, provided you issue a mandate 1 to your bank and your bank approves. In some instances, only short term appointments are allowed, e.g., for six (6) months or less. The mandate must clearly...
How do I close my current account? Give a written instruction to the bank to close the account and return all unused cheque leaves to the bank for cancellation. In addition, if you have issued any cheque which has not been cleared,...
