Bank gives surety or guarantee to pay the money to beneficiary of the cheque endorsed by bank. Customer (drawer) has to pay certain charge to make a cheque Good for Payment. The payable amount is segregated from the balance to reserve once it endorse. This cheque is authorized by the banker to be Good for Payment. Customer can request bank to prepare manager's cheque, cashier's cheque, banker's cheque or cheque on selves instead of good for payment
In chennai good for payment cheques can be arranged by an consultant 9842566336
conutermanded cheque is the cheque which has been stoped payment....for some reasons
No. A good for payment is automatically paid to the beneficiary upon the maturity of the check. A bank undertakes the responsibility that it will not stop the payment of the check under any circumstances.
You can issue a cheque for payment, cancel a cheque, get the cheque deposited through the bank.
The person who issued the cheque can issue the stop payment on the cheque. As long as the check isn't submitted for payment yet, you can issue the stop payment request. But, if the check is already paid the bank will not accept the stop payment. A point to note is that, the person to whom you gave the check can prosecute you legally for doing so because he wont get paid for the check
In chennai good for payment cheques can be arranged by an consultant 9842566336
Owner of Cheque and/or Bank
conutermanded cheque is the cheque which has been stoped payment....for some reasons
No, the cheque needs to be original.
No. A good for payment is automatically paid to the beneficiary upon the maturity of the check. A bank undertakes the responsibility that it will not stop the payment of the check under any circumstances.
You can issue a cheque for payment, cancel a cheque, get the cheque deposited through the bank.
Is this related to an payment? In Germany, an ELV is a kind of electronic cheque.
A person holding the cheque can collect the amount if it is a bearer cheque. The payee (i.e. the person in whose favour the cheque is issued) only or his authorized person only can collect the amount of the cheque if it is an order cheque
check, cheque
A homophone of a payment of money is "cents."
The person who issued the cheque can issue the stop payment on the cheque. As long as the check isn't submitted for payment yet, you can issue the stop payment request. But, if the check is already paid the bank will not accept the stop payment. A point to note is that, the person to whom you gave the check can prosecute you legally for doing so because he wont get paid for the check
it makes payment easier and convenient