Hi, Rbi has instructed banks to facilitate the use of all services including cheque facility. But the convenient argument from the bank side is that they do not have any LTI verification method. Though I convinced my bank to issue a cheque book,, they have told me that my cheques will only be entertained if the signatures match exactly, which is not the case 99% of times. This has effectively barred me from using cheques for banking transactions. Thanks and regards,
Thanks and regards, Dr. Aruni Sharma. Associate Professor, Dept. of Political Science, JNPG College, Lucknow, India. twitter: www.twitter.com/arunisharma facebook: www.facebook.com/arunisharma Skype: [email protected] On 15 March 2017 at 08:33, Amiyo Biswas <[email protected]> wrote: > Hello, > > I was going through the RBI guidelines of 2012. It mentions third party > cheque, not clearly anything about cheque facility for customers using LTI. > Bearer cheques are also called third party cheques. Would someone make it > clear how an LTI user will use a cheque facility? I have to explain to a > bank soon. > > With best regards, > Amiyo Biswas > Cell: 9433464329 > > Register at the dedicated AccessIndia list for discussing accessibility of > mobile phones / Tabs on: > http://mail.accessindia.org.in/mailman/listinfo/mobile. > accessindia_accessindia.org.in > > > Search for old postings at: > http://www.mail-archive.com/[email protected]/ > > To unsubscribe send a message to > [email protected] > with the subject unsubscribe. > > To change your subscription to digest mode or make any other changes, > please visit the list home page at > http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in > > > Disclaimer: > 1. Contents of the mails, factual, or otherwise, reflect the thinking of > the person sending the mail and AI in no way relates itself to its veracity; > > 2. AI cannot be held liable for any commission/omission based on the mails > sent through this mailing list.. > Register at the dedicated AccessIndia list for discussing accessibility of mobile phones / Tabs on: http://mail.accessindia.org.in/mailman/listinfo/mobile.accessindia_accessindia.org.in Search for old postings at: http://www.mail-archive.com/[email protected]/ To unsubscribe send a message to [email protected] with the subject unsubscribe. To change your subscription to digest mode or make any other changes, please visit the list home page at http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in Disclaimer: 1. Contents of the mails, factual, or otherwise, reflect the thinking of the person sending the mail and AI in no way relates itself to its veracity; 2. AI cannot be held liable for any commission/omission based on the mails sent through this mailing list..
