Bank » India http://www.banki.grajewo.pl Banking Grajewo Mon, 05 Apr 2010 09:36:06 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 What bank should do when a deposited cheque drawn on overseas bank is found not genuine? Will they return ? http://www.banki.grajewo.pl/what-bank-should-do-when-a-deposited-cheque-drawn-on-overseas-bank-is-found-not-genuine-will-they-return.xhtml http://www.banki.grajewo.pl/what-bank-should-do-when-a-deposited-cheque-drawn-on-overseas-bank-is-found-not-genuine-will-they-return.xhtml#comments Mon, 28 Sep 2009 06:48:54 +0000 Banks http://www.banki.grajewo.pl/what-bank-should-do-when-a-deposited-cheque-drawn-on-overseas-bank-is-found-not-genuine-will-they-return.xhtml
If a deposited cheque is found by the bank is not genuine what the bank will do? My question is 1. will they return the instrument to the depositor after defacing it? 2. Will they Keep the instrument with them and just say that it is not genuine?
What are the instructions given to the banker by the RBI in this regard and where it is mentioned in the guideline of RBI or any other competent authority?

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