Collecting or returning the cheque
- home
- cheque deposit
- colletion
Cheque collection is the process of receiving and depositing a cheque as payment, and submitting it to a bank for processing to transfer funds from the issuer’s account to the recipient’s account. Cheque return refers to the process of sending a cheque back to the issuer when it cannot be processed or honored
- Process to collect or return the cheque
- Select the cheque, that you are going to collect.
- click on the collect/return.
- Select the action, that you are going to perform.
- Click save button to perform collect or return the cheque.