Tag Archives: Cheques

Cheques Questions and Answes

By | August 11, 2015

COLLECTION OF INSTRUMENTS 1. What happens if there are delays in cheque clearing? Local Cheques Local cheques are payable within the jurisdiction of the clearing house and will be presented through the clearing system prevailing at the centre. Credit arising out of local cheques shall be given to the customer’s account at the next day… Read More »