What word is correct check or cheque in error handlers?
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Bankers will verify the following details before deciding to make payment for the cheque:
Date of the cheque - No alteration is permitted. In case of alteration, the signature of the drawer is required near such alteration
Name of the payee - No alteration is permitted
Amount in words - No alteration is permitted
Amount in figures - No alteration is permitted
Signature of the drawer - To tally with the signature lodged with the bank and as available in the server to be seen by the system in the branch
In case of any difference in amount in words and figures, the amount as expressed in words has to be considered. However, banks will never take risk in this aspect
Date of the cheque - No alteration is permitted. In case of alteration, the signature of the drawer is required near such alteration
Name of the payee - No alteration is permitted
Amount in words - No alteration is permitted
Amount in figures - No alteration is permitted
Signature of the drawer - To tally with the signature lodged with the bank and as available in the server to be seen by the system in the branch
In case of any difference in amount in words and figures, the amount as expressed in words has to be considered. However, banks will never take risk in this aspect
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