Several private banks do not have a local branch as such. They invariably 
have one branch per city.

----- Original Message ----- 
From: "Suhas Karnik" <[EMAIL PROTECTED]>
To: <[email protected]>
Sent: Saturday, July 05, 2008 8:08 PM
Subject: Re: [AI] Bank Guidelines


>
> Nany banks have started centralized clearing system and the cheques are 
> sent to the service branch for clearence therefore the staf of service 
> branch may not be in a position to contact each and every discrebancy  it 
> would be better to inform the local branch that a cheque is issued of such 
> and such amount so that the local branch can forward the cheque along with 
> its memo.> From: [EMAIL PROTECTED]> To: [email protected]> 
> Date: Sat, 5 Jul 2008 19:34:36 +0530> Subject: Re: [AI] Bank Guidelines> > 
>  > Rather than telling the bank to call the customer, we should call the 
> bank and inform the bank of the issuance of the cheque if it is above a 
> certain amount. It will be difficult for the bank to remember and call the 
> customer. It is much easier we call them and they make a note of it.> 
> Nafisa> From: [EMAIL PROTECTED]> To: [email protected]> 
> Date: Sat, 5 Jul 2008 14:15:51 +0530> Subject: Re: [AI] Bank Guidelines> > 
> Hi Kanchan,> > The biometric system would be good. However, until such a 
> system could be > introduced, banks could do the following:> On receiving 
> a check signed by a blind person for clearance, the concerned > bank could 
> call the customer and verify whether the check was issued by the > 
> customer. Unless the customer in question is operating a current account 
> and > issues several checks daily, banks should not find this procedure > 
> cumbersome.> > Since my signature is never the same twice, my bank 
> (Citibank) calls to > confirm the issuance of a check if the amount 
> exceeds Rs.50000. It passes > checks below 50000 without verifying the 
> issuance of the check.> > Geetha> ----- Original Message ----- > From: 
> "Pamnani" <[EMAIL PROTECTED]>> To: 
> <[email protected]>> Sent: Friday, July 04, 2008 4:37 PM> 
> Subject: [AI] Bank Guidelines> > > > Hi Friends, I have incorporated most 
> of the suggestions. There is one > > issue on which I want some brain 
> storming.> > This is regarding cheques issued by the visually impaired.> > 
> In the general guidelines I have suggested that banks should introduce > > 
> biometric verification or seals etc.> >> > Now to be honest most banks 
> dont have a system to verify at present and > > cannot do so for atleast 6 
> months.> > So what do we do in the interim for cheques which have thumb 
> impression > > and for cheques on which signature does not tally. I had 
> said there should > > be some leniency during verification.> >> > I have 
> received a suggestion from one member that banks should be asked to > > 
> attest our signature or thumb impression when they give us our cheque > > 
> book. So the empty chequeswith only our signature and the attestation will 
>  > > be lying with us.> > The worry is that we can lose the cheque book and 
> that someone can fill up > > details and withdraw from our account.> > The 
> other problem is that our cheques look different and that all banks > > 
> would insist on it.> > If we do think of attestation then it will be as an 
> interim measure until > > biometric. You all know in India to get this 
> attestation out of the system > > it will take 5 yearts and something 
> which is interim will become permant.> >> > So should I put in this 
> attestation clause or leave it now and let the IBA > > suggest it if 
> necessary and deal with it then?> >> > Need feedback by 9.30 am Monday 
> morning.> > Come on lets start the debate.> > Kanchan> > Kanchan Pamnani> 
>  > Advocate & Solicitor> > 9, Suleman Chambers,> > Battery Street, Colaba,> 
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