Banking
This query is : Resolved
10 July 2009
Hi,
I need clarification on the following two terminologies used in banking:
1. Drafts sent on clearing
2. Drafts received on clearing
Please reply asap.
thanks & regards,
Sonia
I need clarification on the following two terminologies used in banking:
1. Drafts sent on clearing
2. Drafts received on clearing
Please reply asap.
thanks & regards,
Sonia
10 July 2009
Drft sent on clearing is nothing but depostion of draft in own account and dreaft received on clearing means received of draft for clearing by clearing house
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