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InterviewSolution
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If The Customer Wants To See The Paper Cheques For Any Reason, What Are The Options Available To The Customer? |
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Answer» The physical instruments are REQUIRED to be stored for a statutory period. It would be obligatory for presenting bank to WAREHOUSE the physical instruments for that statutory period. In case a CUSTOMER desires to get a paper instrument back, the instrument can be SOURCED from the presenting bank through the drawee bank. The physical instruments are required to be stored for a statutory period. It would be obligatory for presenting bank to warehouse the physical instruments for that statutory period. In case a customer desires to get a paper instrument back, the instrument can be sourced from the presenting bank through the drawee bank. |
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