Clearing of Other State Cheque

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

01 March 2011 How much time spend for clearing of other state cheque and how many charge for clearing it. If cheque is dishonor from any cause then how many expense deduct for it.plz give ans. with example.

Thrissurkkaran Ishtan

Thrissurkkaran Ishtan (Expert)
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01 March 2011 If the cheque is "at par", then it will not considered as outstation cheque.

Time taken, charges, bouncing charges, etc varies from bank to bank. Please check with the bank where you deposited.