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Commerce · Q1003

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 1003

Q1003

When a customer, by a letter has advised the bank not to honour/pay a particular cheque, such letter is called . . . . . . . .

A.
Cancellation letter
B.
Garnishee letter
C.
Mandate
D.
None of the above
Answer

Answer: Option D

Solution

Answer: Option D
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