Chapter
Payment and Collection of Cheques and Other Negotiable Instruments (NI)
Banking & Insurance - Laws & Practice (Elective Paper 7.4)Part I: Banking Laws (50 Marks)
7 topics
- Salient features Negotiable Instruments Act
- Role & Duties of Paying & Collecting Banks
- Endorsements
- Forged Instruments
- Bouncing of Cheques
- Return of Cheques
- Cheque Truncation System (CTS)