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-= INDIA =- Exchange rate and encash time by diff INDIAN BANKs..

Discussion in 'Payments' started by toughguy, May 27, 2006.

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  1. sam1

    sam1 Active Member

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    #21
    When will i receive my first check... lol.. these things come later
     
    sam1, May 31, 2006 IP
  2. toughguy

    toughguy Well-Known Member

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    #22
    Hey Sam !!

    Do u run around for this info once u have ur chq in ur hand !!!! I will be in a hurry to deposit chq in a SUITABLE bank for GETTING money to celebrate..

    Dude LOL..

    Regards,

     
    toughguy, May 31, 2006 IP
  3. micheal2006

    micheal2006 Peon

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    #23
    what do u mean by at par chq , just want info
     
    micheal2006, Jun 1, 2006 IP
  4. toughguy

    toughguy Well-Known Member

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    #24
    Hi Micheal,
    Generally when we submit an ordianry CHQ, it will be sent to the BRANCH to which the account belongs for clearance (verification), but if a chq is "Payable at par all branches" means that chq can be PAYED at all branches, it need not go to the branch where the account belongs to..

    Some Indian banks like HDFC, etc offer Payable at par chqs for some valued customers, etc..

    Hope this helps u..

    Regards,
     
    toughguy, Jun 2, 2006 IP
  5. gn77

    gn77 Peon

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    #25
    useful thread for me.. thanks for the info (I am just starting. :)
     
    gn77, Jun 2, 2006 IP
  6. toughguy

    toughguy Well-Known Member

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    #26
    All the best gn77..

    Regards,

     
    toughguy, Jun 2, 2006 IP
  7. khin007

    khin007 Banned

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    #27
    No i dont have Citibank branch here . But its there at Cochin .. its from 50 km from my town

     
    khin007, Jun 3, 2006 IP
  8. toughguy

    toughguy Well-Known Member

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    #28
    Thanks a lot to all for your inputs..

    Regards,
     
    toughguy, Jun 6, 2006 IP
  9. amitpatel_3001

    amitpatel_3001 Results Follow Patience

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    #29
    No probs and happy to hear that you got your first cheque :)
     
    amitpatel_3001, Jun 8, 2006 IP
  10. toughguy

    toughguy Well-Known Member

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    #30
    Hey Amit,
    U too will get soon..
    My chq was posted from Singapore..

    Regards,
     
    toughguy, Jun 8, 2006 IP
  11. toughguy

    toughguy Well-Known Member

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    #31
    Hi All,
    Deposited my Chq in ICICI bank on Saturday and the same showed up under available balance in my Online account on Tuesday (That means they have sent the chq for clearance to Citibank). Will update when i get Money in my account. I guess i should get money by Thursday.

    Regards,
     
    toughguy, Jun 12, 2006 IP
  12. toughguy

    toughguy Well-Known Member

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    #32
    Hi Friends,
    ICICI Bank Guys are really Cool.. I deposited cheque on Saturday and sent to clearence on Tuesday, money GOT credited into my account on Tuesday itself.......

    Regards,
     
    toughguy, Jun 13, 2006 IP
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