Sir,
on deposit of cash in bank, the bank is asking for LAR.
what is it and why bank is asking for it.
thanks in advance
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Urgent: lar asked by bank
Replies (4)
Liquidity at risk.. in mah view.. but bank asking that for cash deposit...
didnt got that... do call the bank officials and confirm this... why and what they want ??
because usually i hadnt heard any thing like that while depositing cash in personal accounts or in our company a/c even when the amount is huge
Thanks sir will confirm it.
Is it anything related to legality of cash amount deposited beyond 10 lakhs.
hadnt heard yet........!!!!!!!!
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