tag:blogger.com,1999:blog-1072534379447599771.post2984764145184115746..comments2024-03-22T18:51:07.375+08:00Comments on Anand's Blog: Cheque Clearing & Collection by BanksAnand Vijayakumarhttp://www.blogger.com/profile/04069290912727901147noreply@blogger.comBlogger184125tag:blogger.com,1999:blog-1072534379447599771.post-43744673817712543052017-11-05T13:53:53.837+08:002017-11-05T13:53:53.837+08:00As far as I know, non-CTS cheques are not valid mo...As far as I know, non-CTS cheques are not valid monetary instruments and will not be cleared. am not sure how the bank guy said it goes through RBI. see this:http://anandvijayakumar.blogspot.sg/2012/12/cheque-truncation-system-cts-2010.htmlAnand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-70366796924461483652017-10-30T20:41:11.219+08:002017-10-30T20:41:11.219+08:00I have a bank account in SBI, chandigarh. I gave a...I have a bank account in SBI, chandigarh. I gave a non-CTS cheque of Rs. 40,000/- 23/10/2017 on by mistake to my friend who has a bank account in allahabad bank, chandigarh. Without noticing, he also put that cheque for clearing on 24/10/2017.<br /><br />After 3-4 days when cheque is not cleared, he went to bank and came to know that cheque is non CTS. One of the bank's employee told him pooja guptahttps://www.blogger.com/profile/11297804007160962681noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-69826684455562644892017-10-15T13:14:56.491+08:002017-10-15T13:14:56.491+08:00Are both messages from the same account? Usually b...Are both messages from the same account? Usually banks will not debit money from your account without any reason. If you are saying the debit sms is from one bank and credit sms from another, that is perfectly normal. The delay may have been due to system glitchAnand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-24436855928807477692017-10-09T23:37:50.346+08:002017-10-09T23:37:50.346+08:00Sir i dropped axis bank cheque in andhra bank( whe...Sir i dropped axis bank cheque in andhra bank( where i hav account) cheque drop box on fri 06.10.2017.<br />Today 09.10.2017 i got a message from andhra bank that money credited in my account. But within 10 sec i got anothet message That money debited from my account. I didnt understand why this happened. Is there any system like this in banks.Chandrikahttps://www.blogger.com/profile/14835836844678671122noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-74950031387891657972017-09-30T10:36:25.582+08:002017-09-30T10:36:25.582+08:00Discounting bank holidays & weekends - count 2...Discounting bank holidays & weekends - count 2 working days at leastAnand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-77407323612306882172017-09-26T10:58:49.342+08:002017-09-26T10:58:49.342+08:00Sir, I have received a cheque from HDFC bank, beha...Sir, I have received a cheque from HDFC bank, behala branch for RS.X AS home loan in the name of the seller, his account number and the name of the bank (ICICI BANK).since the seller has his account in ICICI bank, Guwahati, Assam as per his instruction I have deposited the same in the ICICI BANK drop box, BEHALA COWRASTA BRANCH, KOLKATA. The bank staff told me that I need not to fill up the Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-79940727687026746692017-09-09T14:56:45.270+08:002017-09-09T14:56:45.270+08:00Discounting bank holidays & weekends - count 2...Discounting bank holidays & weekends - count 2 working days at leastAnand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-28937067989351109652017-09-09T14:56:20.812+08:002017-09-09T14:56:20.812+08:00Contact your friend to give you a new chequeContact your friend to give you a new chequeAnand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-75250343272683924972017-09-07T20:57:54.360+08:002017-09-07T20:57:54.360+08:00Hi Anand if i deposit a dd made on hdfc bank from ...Hi Anand if i deposit a dd made on hdfc bank from noida to my icici account in kolkata tomorrow dated 8th by 1 pm when wwill the same hit my account.guess tomorrow is bank holiday Anonymoushttps://www.blogger.com/profile/02479713594065458241noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-45859963072009388062017-09-02T14:29:02.949+08:002017-09-02T14:29:02.949+08:00Sir,,, my friend issue a cheque of 50000 rupees. I...Sir,,, my friend issue a cheque of 50000 rupees. It shows.. BY CLEARING /CHEQUE BOB BY CLEARING 6. After that I got a msg OUT-CHQ RETURN, 01funds insufficient drawers authentication.... Then what action to take further Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-53817988889363332442017-08-12T11:23:10.470+08:002017-08-12T11:23:10.470+08:00If you wait till the end of the cheques validity a...If you wait till the end of the cheques validity and the clearing time is around a weekend, you won't be able to sue the bank. You can try if you want. Anand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-91013373515137007322017-08-04T18:50:28.254+08:002017-08-04T18:50:28.254+08:00I posted a cts cheque of DCB bank on 31st of July ...I posted a cts cheque of DCB bank on 31st of July in axis bank non home branch. The validity as we know is of 90 days (the cheque was dated 05 may) that means it will expire on 04 august. Axis bank sent cheque to another branch on 03 august. It was received by axis bank on 04 august after 05 pm. I just want to know can we file a case in consumer court against axis bank to send cheque late. Anonymoushttps://www.blogger.com/profile/18304753471772701243noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-52246137051480354092017-07-29T12:32:05.636+08:002017-07-29T12:32:05.636+08:003 working days is the average clearing time3 working days is the average clearing timeAnand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-29683237703690080482017-07-29T12:31:18.285+08:002017-07-29T12:31:18.285+08:00The safest way is to NOT give the DD to anyone els...The safest way is to NOT give the DD to anyone else that is not trustworthy. A DD is like cash and does not contain the name of the person who got it from the bank. It only contains the name of the receiver which is why exam centers, builders etc ask for DD because you already make a payment before getting the DD and they will guaranteed get their money. <br /><br />If the DD isn't cashed by Anand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-72638017742839852452017-07-29T12:28:12.965+08:002017-07-29T12:28:12.965+08:00deposit into a CUB Acc anywhere in India - yes. Ca...deposit into a CUB Acc anywhere in India - yes. Can you withdraw cash - It depends on the cheque. If it is a bearer cheque then you can get cash. If it is an account payee cheque then you can only deposit it into your accAnand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-79390367225508587912017-07-29T12:21:25.112+08:002017-07-29T12:21:25.112+08:00Sure, you can Sure, you can Anand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-12019068911243677472017-07-28T18:59:44.832+08:002017-07-28T18:59:44.832+08:00Hi,i've received a Citibank DD on my name.i...Hi,i've received a Citibank DD on my name.i've an andhra bank account in vizag & presently I am residing at Hyderabad.can I deposit DD in any nearby andhra bank branch?.please help me out sirAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-91805987765660582912017-07-26T13:12:00.672+08:002017-07-26T13:12:00.672+08:00Sir i have cub account at my hometown and i got a ...Sir i have cub account at my hometown and i got a cub cheque from coimbatore and now i'm at out of station can i withdraw a cheque from another cub branch Anonymoushttps://www.blogger.com/profile/10895764303800018756noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-31966083331472050292017-07-26T00:02:50.471+08:002017-07-26T00:02:50.471+08:00Hello Mr. Anand,
I have a question?
Let's say ...Hello Mr. Anand,<br />I have a question?<br />Let's say I have decided to buy a flat in xyz constructions.<br />They asked me for a demand draft.<br />If a take a demand draft for a sum of X rupees and <br />Gave it to my friend as I had to go out of station.<br />Well if my friend gets little ugly and he also decides to buy a flat and takes this demand draft and gives it as his payment.<br /JDChttps://www.blogger.com/profile/11405764432257671966noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-71612864667101949072017-07-25T19:14:57.255+08:002017-07-25T19:14:57.255+08:00Hi Anand,
The cheque has been deposited in Manipal...Hi Anand,<br />The cheque has been deposited in Manipal ICICI bank today(25th of July). Cheque belongs to ICICI bank Mumbai branch. approximately how many days would it take for the clearance?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-47991472509606090502017-07-06T16:22:04.746+08:002017-07-06T16:22:04.746+08:00If you received the money in the destination card ...If you received the money in the destination card number you put-in, then you need to raise it with hdfc bank to get a refund. IF the transaction failed, amount would've come back to your indian bank acc. Anand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-83600197897974228052017-07-04T19:12:48.262+08:002017-07-04T19:12:48.262+08:00I inadvertently made a mistake while making the pa...I inadvertently made a mistake while making the payment for my SBI credit card account. While writing the cheque I filled in the details of my HDFC debit card. The money got debited from my account with the Indian Bank. This happened two weeks back. I was unable to inform the bank when I realised my mistake as I was out of station. Is their any possibility of me getting the money back. How Anonymoushttps://www.blogger.com/profile/18214713290863910449noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-42683156368860200002017-07-02T13:57:36.489+08:002017-07-02T13:57:36.489+08:00It usually takes around 3 working daysIt usually takes around 3 working daysAnand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-54224783962787274352017-07-02T13:32:42.535+08:002017-07-02T13:32:42.535+08:0020 days is way too much. Ask the manager why the d...20 days is way too much. Ask the manager why the delay and if he refuses to help you can first check with the person who gave you the cheque to see if amount debited from their acc and if so, file a complaint with the banking ombudsmanAnand Vijayakumarhttps://www.blogger.com/profile/04069290912727901147noreply@blogger.comtag:blogger.com,1999:blog-1072534379447599771.post-75777181465816364762017-07-02T10:52:43.164+08:002017-07-02T10:52:43.164+08:00Dear sir,
I received the cheque from AXIS bank bel...Dear sir,<br />I received the cheque from AXIS bank bellary,karnataka-state & deposited in ANDHRA bank Devapur,Telangana-state,almost 20days is over but still i have not received the amount,asked to my bank manager he told me to wait for 2days more.<br />when i will get the amount? what is the next procedure please suggest me sir.MANOHARhttps://www.blogger.com/profile/08095659570848524904noreply@blogger.com