The bank issues a DD using funds from the customer's account who requested it. The individual who demands the DD is referred to as the drawer, while the bank that makes the payment is referred to as ...
Demand draft is one of the payment instruments used in India. Popularly known as DD, it is a pre-paid negotiable instrument where the drawee bank takes the responsibility of making the payment when ...
In the recent past, some investors in the NEIRO and Shiba Inu (SHIB) ecosystems have been slow to guard for further market ...
2. Unconditional order of payment of specific amount of money. 3. Name of the person obliged to make payment (drawee) 4. The person to whom payment, or to whose order the payment should be made.
After the devastating bombardment of Lebanon, the Hezbollah militants have come to knees. They are now pleading for mercy on ...
Received a cheque? Seven elements you should double check before accepting it An easy to follow checklist to write and receive cheques to avoid financial hassles. Picture used for illustrative ...
IN WITNESS WHEREOF, the Company has caused this Bond to be signed by its Authorized Officers, but it shall not be valid unless also signed by a duly authorized representative of the Company. Chubb ...
The concept of Positive Pay involves a process of reconfirming key details of large value cheques. Under this process, the issuer of the cheque submits electronically, through channels like SMS, ...
F. No. B1/6/2013-TRU Dated- 25th November, 2014 Certain representations have been received through Ministry of Commerce raising the issue that SEZ unit or developer has to approach two authorities ...