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Category: Cheque

The Salient Features of a Cheque

Posted on July 4, 2016 by Banker Makhluk

The Salient Features of a Cheque Cheque A cheque is a document of great importance in the business world. It can be passed from one hand to another easily and so it has become a popular mode of payment. A cheque is the most economical and safe method of money […]

How to Endorsement

Posted on July 4, 2016 by Banker Makhluk

How to Endorsement How to Endorsement A negotiable instrument may be transferred by negotiation or assignment. Negotiation can be effected by mere delivery if the instrument is a bearer one and by endorsement and delivery in case it is an order instrument. An order instrument means instrument payable to a […]

What Precautions to honor Cheque

Posted on July 4, 2016 by Banker Makhluk

What Precautions to honor Cheque What Precautions to honor Cheque The relation between a banker and his customer is that of a debtor and creditor. Money deposited with a banker is always belongs to the customer and the bank obliged to return its equivalent to the customer or to any […]