6 entries
ChequeचेकA bill of exchange drawn on a specified bank and payable on demand (Negotiable Instruments Act, 2034, Section 2(ज)).Cheques & InstrumentsCheque Bounce (Dishonour)चेक अनादर (चेक बाउन्स)Refusal by the drawee bank to pay a cheque, most commonly because the drawer's account has insufficient funds, but also for reasons such as signature mismatch, closed account or stop payment.Cheques & InstrumentsCheque Clearingचेक क्लियरिङ (चेक समाशोधन)The process by which a cheque deposited at one bank (presenting bank) is sent to the bank on which it is drawn (paying bank) for payment, and the resulting amounts are settled between the banks.Cheques & InstrumentsCheque Number and MICRMICRचेक नम्बर र एमआईसीआरMICR is the line of magnetic-ink characters printed at the bottom of a standard cheque that machines read automatically; it carries the cheque serial number, bank (member) code, branch code, account number and transaction code.Cheques & InstrumentsCheque Truncationचेक ट्रंकेसनStopping the physical movement of a cheque at the presenting bank and sending only its scanned image and data to the paying bank for clearing.Cheques & InstrumentsCrossed Chequeरेखाङ्कित चेकA cheque with two parallel lines across its face, which can be paid only to a banker (general crossing) or to the named banker (special crossing), not in cash over the counter.Cheques & Instruments