This article throws light upon the four types of crossing of a cheque. The types are: 1. Cheques Crossed Generally 2. Crossing after Issue 3. Antedated Cheque 4. Post Dated Cheque. Type # 1. Cheques Crossed Generally: The cheque bearing across its face an addition of the words 'and company' or any abbreviations thereof between two parallel transverse lines, with [...]
This article will guide you about how to use a cheque. 1. On the right hand side there is space to mention the date when the cheque is issued. (It is mandatory to mention the date on the cheque without which a cheque can be dishonored) Please write at least month in words like June 2011. 2. In next line [...]
This article throws light upon the six main channels used for the delivery of banking services. The channels are: 1. Branch Banking 2. Mobile Banking 3. ATM Channel of Banking 4. Mobile Banking or Phone Banking, Tele-Banking 5. PC Banking, y, Self Service Banking 6. Internet Banking, Online Banking, E-Banking. Channel # 1. Branch Banking: A branch of a bank [...]