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,...
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...
