Negotiable instruments
This query is : Resolved
19 December 2008
sir,
what is the difference between the following;
* Bank Draft
* Banker's Cheque
* Pay Order
* Outstation Cheque
* local Cheque
Thank you
what is the difference between the following;
* Bank Draft
* Banker's Cheque
* Pay Order
* Outstation Cheque
* local Cheque
Thank you
19 December 2008
Cheque issued outside a districts is caleed outstation cheque, it may also be outstate cheque also.
Cheques of same districts are local cheques.
Cheques of same districts are local cheques.
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