A client's cheque payable at a specific bank branch cannot be deposited due to a recent fire at the recipient's bank. The bank has advised waiting 10-15 days for resolution. The user is seeking alternative methods to encash the cheque, including the possibility of endorsing it to someone else, but has been advised that a crossed cheque may limit this option.
29 May 2021
I have received a cheque from my client of Rs.2.00 lac payable at HDFC Bank, Tinsukia, Assam Branch. My account is in Central Bank of India, Tinsukia. There was a big fire in Central Bank before 2-3 days. Hence, my bank has refused to accept the said cheque and advised me to deposit the cheque after 10-15 days. Is there any other alternative to encash my above cheque ?