Re: Indian banking terminology
I think you are familiar with the cheque, which is comes with the saving account in every bank. By this facility you can make transaction at any time at any place. While you are issuing a cheque for the payment you no need of passbook or any card. You can issue a cheque for any account in any bank. Sometimes a issue is occurred with the cheque, which is mainly very common issue, known as cheque bounce, after issuing that one, it happens because either the signature which is inserted there not correct or the account number which is mention on the cheque is not veiled. In this case the cheque is not considered for the payment to any account, you have to make another cheque for the payment.
No TechArena No Experts, Know TA know Experts!
Bookmarks