Fees charged by the Notary public on dishonour of a bill. Answer in a word / phrase / term.
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Fees charged by the Notary public on dishonour of a bill⤵️⤵️⤵️⤵️
(Noting Charges.)
Fees charged by the Notary public on dishonour of a bill⤵️⤵️⤵️⤵️
(Noting Charges.)
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Fees charged by the Notary public on dishonour of a bill is noting charge.
* In case a bill is being dishonoured in spite of its presentation, it calls for a noting to be undertaken by the Notary public.
* A charge is levied on the drawee for this purpose and this is referred to as the noting charge.
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