Can any body answer me what is the logic of writing A/c's
payee over the corner of the cheque?
Answer Posted / ankita
dear if it is written there it menas this cheq can only be
deposited in ur account only....
nobody else can misuse it.....
as the name suggests account payee it means the person who
is the holder of the account,,,,
okay???
if on cheq SELF is written it means anyone can withdraw the
money okay??????
ANKITA
business.ankita@gmail.com
Is This Answer Correct ? | 7 Yes | 1 No |
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