An instrument may be a check even though it is described on its face by another term, such as “money order”. The benefits that the customer will get from the account are: Ĭheque means a bill of exchange drawn on a specified banker and not expressed to be payable otherwise than on demand Ĭheck means a draft, other than a documentary draft, payable on demand and drawn on a bank or a cashier's check or teller's check. The unused blank cheque forms or a totally unused Chequebook shall be returned to the bank.Ĭheque-book to a third party will be delivered only after obtaining the identity document of the receiver and authority from the account holder.Ī certificate of handing over of the unused cheque forms available in the Chequebook under use. The Customer further acknowledges that he or she is bound by the terms and conditions printed in the Chequebook and by all other terms and conditions that may be in force and communicated by the Bank to the Customer from time to time. Opportunity to apply for - safe deposit locker facility.In banking terminology, the term Current Account refers to a type of deposit account made with a financial institution that permits the withdrawal of funds and allows cheques to be written against the balance.Benefits that a current account holder of Bank Asia Limited will have are: Account typeSavingCurrentCash CreditAccount No.(as appearing in the Chequebook) (Code number appearing on the MICR1cheque supplied by the Bank. Particulars of Bank account:Beneficiary Name Bank Name Branch Name Branch Place Branch City PIN Code Branch Code MICR No. Bank Reconciliations and credit card reconciliations are to be carried out on a regular basis.The accounts office is to be locked outside of normal working hours.Unused cheques are will be kept in the safe or locked in a drawer(from which the key is removed).The electrical design shall conform to the requirements of this manual, which includes the Codes, and Planning Requirements and Division 16, along with all references relating to energy conservation and life cycle cost analysis. The payees name should include a line to the end of the space provided in cheque book.All cheques are to include a/c payee within the cross on the cheque face.Bank Reconciliations and credit card reconciliations are to be carried out on a monthly basis. ![]() This is a security requirement as well as a data protection requirement (YWI Data Protection Policy)
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