Whether private banks in india like HDFC, ICICI etc. are sending RTGS/NEFT or mixture of both (more than 2) with a single cheque issued by the end user for making payments to various accounts.
SANKARAN.G. (Asst.Manager) (95 Points)
29 October 2009Whether private banks in india like HDFC, ICICI etc. are sending RTGS/NEFT or mixture of both (more than 2) with a single cheque issued by the end user for making payments to various accounts.
Amol Gopal Kabra (CA,CS,DISA)
(Practicing CA)
(8539 Points)
Replied 29 October 2009
They dont send combined or multiple payment through a single cheque. They require a separate cheque for each type of payment and each payee.
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