The only reason why a cheque may become stale is: The cheque was issued to you in the past and you have not yet deposited it for cashing it. three months after the date, then it is called stale cheque. A cheque is called stale cheque when it is presented to the bank after the three months of duration. 8) Mutilated cheque
A bank does not credit a stale cheque. Any cheque that is older than 180 days is considered stale. When a cheque is torn into two or more pieces and presented for payment, such a cheque is called a mutilated cheque. STALE CHEQUE:- As the name suggests, any cheque which is expired, hence not suitable to use. Stale Cheque. Chances are it's stale, or dry and hard to eat. If a cheque is presented before the bank, after the expiry of the reasonable period, i.e. After expiry of that period, no payment will be made by banks against that cheque.
All Free. Post-Dated Cheque: When a cheque is drawn containing a future date, it is called post-dated cheque. If a cheque is presented for payment after six months from the date of the cheque it is called stale cheque. Stale Cheque: A cheque bears a date and is valid up to three months of the stated date. A bank because of the custom prevailing for centuries have followed the custom of rejectiong stale cheques stated above( see paget on Banking).
So any cheque presented after this expiry period will be considered as stale cheque. stale cheque From Longman Business Dictionary stale cheque ˌstale ˈcheque British English , stale check American English BANKING a cheque which a bank will not accept and exchange for money or payment because it was written more than a certain number of months ago → cheque ‘Sometimes the dough is stale and impossible to roll out.’ ‘Breakfast is always the same: instant oatmeal, coffee, and stale biscuits.’ ‘The next morning, our hopes were further smothered as our complimentary ‘breakfast’ consisted of a stale bun and a cup of milk.’ Synonyms for stale at Thesaurus.com with free online thesaurus, antonyms, and definitions. Journal Entry for statle cheque Bank Operative A/C Dr To Statle cheque Liability A/C When chque is being reissued to the party Stale chq LaibilityA/C Dr
7) Stale cheque. Mutilated Cheque. Any cheque remains valid up to three months duration. Ever bite into a piece of bread that's been left out a little too long? Answer / sathya kishore pidugu. Try making some croutons out of it.
A cheque which is more than 6 months old is known as a stale cheque.
If something is stale, it's no longer fresh.
Find descriptive alternatives for stale. It is used very commonly in businesses as a Post-dated cheque can be taken as collateral.
But there is no legal basis . Banks generally don’t accept these cheques. The general time period of validity of cheque is 3 months from date of cheque. stale - WordReference English dictionary, questions, discussion and forums.
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A bank does not credit a stale cheque. Any cheque that is older than 180 days is considered stale. When a cheque is torn into two or more pieces and presented for payment, such a cheque is called a mutilated cheque. STALE CHEQUE:- As the name suggests, any cheque which is expired, hence not suitable to use. Stale Cheque. Chances are it's stale, or dry and hard to eat. If a cheque is presented before the bank, after the expiry of the reasonable period, i.e. After expiry of that period, no payment will be made by banks against that cheque.
All Free. Post-Dated Cheque: When a cheque is drawn containing a future date, it is called post-dated cheque. If a cheque is presented for payment after six months from the date of the cheque it is called stale cheque. Stale Cheque: A cheque bears a date and is valid up to three months of the stated date. A bank because of the custom prevailing for centuries have followed the custom of rejectiong stale cheques stated above( see paget on Banking).
So any cheque presented after this expiry period will be considered as stale cheque. stale cheque From Longman Business Dictionary stale cheque ˌstale ˈcheque British English , stale check American English BANKING a cheque which a bank will not accept and exchange for money or payment because it was written more than a certain number of months ago → cheque ‘Sometimes the dough is stale and impossible to roll out.’ ‘Breakfast is always the same: instant oatmeal, coffee, and stale biscuits.’ ‘The next morning, our hopes were further smothered as our complimentary ‘breakfast’ consisted of a stale bun and a cup of milk.’ Synonyms for stale at Thesaurus.com with free online thesaurus, antonyms, and definitions. Journal Entry for statle cheque Bank Operative A/C Dr To Statle cheque Liability A/C When chque is being reissued to the party Stale chq LaibilityA/C Dr
7) Stale cheque. Mutilated Cheque. Any cheque remains valid up to three months duration. Ever bite into a piece of bread that's been left out a little too long? Answer / sathya kishore pidugu. Try making some croutons out of it.
A cheque which is more than 6 months old is known as a stale cheque.
If something is stale, it's no longer fresh.
Find descriptive alternatives for stale. It is used very commonly in businesses as a Post-dated cheque can be taken as collateral.
But there is no legal basis . Banks generally don’t accept these cheques. The general time period of validity of cheque is 3 months from date of cheque. stale - WordReference English dictionary, questions, discussion and forums.
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