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Leave encashment is the amount payable for the employee's leave period, depending upon the leaves to his credit and his salary at the time of termination of employment or at the time of encashing his leaves.

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Kiera Lakin

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2y ago
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15y ago

Encash is the term used for converting instruments that are not real cash but can be converted to cash, like checks, certificate of deposits, demand drafts etc.

If you receive a check from your friend for say $1000 and you take it to the bank, you can get the cash of $1000. This process is called Encashing a check.

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Q: What is Encash?
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How do you convert bearer cheque into encash?

We can encash bearer cheque by visiting the bank at the time.


What bank will encash your Canadian check in the Philippines?

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How do you encash Demand draft?

In order to encash or convert a demand draft, you will need to take it to a branch of the bank it was drawn on. The bank will be able to do it for you.


How do you encash a check?

To encash a manager's check, you will need to make sure you have two valid, government-issued ID's with you when at the bank. From there, you should be able to cash the check.


What is the past tense of encash?

The past tense is encashed.


How do you encash checks at BDO Philippines?

go to the bank


How do you encash a manager's check?

To encash a manager's check, you will need to make sure you have two valid, government-issued ID's with you when at the bank. From there, you should be able to cash the check.


Where can i encash American express traveler's checks in Frankfurt airport?

At the banks and Bureau de Change


Will I be responsible for cashing a check that was a scam?

Yes, you will be. You must encash only those checks that you know are from a legitimate source. If you encash a bogus check or a check that was part of a scam, you are responsible for your actions and hence the law enforcement authorities can take action against you for using the check.


Where Can you cash check from Union Bank other than the Union Bank?

how can i encash my unionbank check here in the philippines


How do you encash crossed cheque?

Deposit it into your bank account A crossed cheque cannot be cashed directly. It can only be deposited into a bank account.


How to encash a crossed cheque?

Get the person who issued the cheque to endorse it 'please pay cash' This is normally written between the 'cross lines.