Are you aware of this small savings deposit rule change.
If you are having saving - bank accounts of two different banks and is interested to clear a cheque to be credited in the bank - account of yours of the different bank, the same can be done. If it is not a out of station - cheque, it will be effected in the same day but the same being out station one, it may take 48 to 72 hours in clearance of the cheque depending upon place.
Cross-Border Foreign Cheques. How are foreign cheques cleared? There is no overseas cross-border cheque clearing system. A foreign cheque is a cheque issued in a foreign currency and payable at a foreign bank. Therefore, for payment purposes, foreign cheques payable to recipients in this country have to be sent abroad to the bank where the payer holds their account. This process often takes.
Deposit a Cheque Provide your full name as per Bank's records, your bank account number and contact number at the back of the cheque and ensure the issuer's signature is present on the front of the cheque before depositing it at our Quick Cheque Facilities.
POSB (CBS) Manual Note:- These rules apply to the Post Office Savings Accounts and, also mutatis, to (1) Post Office Savings Account (2) National Savings Recurring Deposit Account (3) National Savings Time Deposit Account (4) Public Provident Fund Account (5) National Savings Monthly Income Account (6) Senior Citizens Savings Scheme Account (7) Sukanya Samriddhi Account (8) Kisan Vikas Patra.
Cheque deposit cut-off time is usually at 3.30pm Cheques deposited on Saturdays and Sundays will be sent for cheque clearing on Mondays or the next business day Cash cheques can be encashed on Saturdays at the payer's bank. A handling fee may apply Writing a cheque. When writing a cheque, take note of the following.
Hi! I've just closed my account recently, here's what you can do: Log in to DBS ibanking on your desktop. Under Request, select More Requests. Find the section Other Services, and select Close Deposit Account. Authenticate with your digital token. Select the account you wish to close.
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