I have received Citi Bank Paylink Cheque against the insurance claim.
1) Can I deposit it in any Bank Account ? or
2) I need to give the instructions online to Citi Bank for the transfer to my
account ?
Can somebody explain me the procedure to be followed?
the cheque that you have received must be in your name followed by bank account number ( the bank details which you have submitted at the time of taking insurance) so you have to deposit this cheque in that bank account .
Ms. Manek is right here, you need to deposit the cheque in same account which is mentioned on the cheque.
Thanks both of you for reply.
KK & Company Chartered Accountant
Pune
CA Inter
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CCI
Pro
CAclubindia
