What is banker's check? Explain with an example.
Dear student,
Banker cheque is a cheque issued by bank for making payment within same city. It has a validity of 3 months from the date of issue. It can be cleared in any branch of the same city These cheques are used by individuals who do not have an account with the bank but would like to use a cheque as a form of payment..
Regards
Banker cheque is a cheque issued by bank for making payment within same city. It has a validity of 3 months from the date of issue. It can be cleared in any branch of the same city These cheques are used by individuals who do not have an account with the bank but would like to use a cheque as a form of payment..
Regards