Paople dap ank account in thou 1 Pal avn teast om tha epaacts asits in sa hamk acsunts which cam ba exchang * h aoit chas against amand Dap maka as a rnakes ut a Cuit a bat alc) kas baan wuad
Cheque Paymenty A shoe manufacturer, M. Salim has to make a payment to the leather supplier and writes a cheque for a specific amount. This means that the shoe manufacturer instructs his bankk to pay this amount to the leather supplier. The leather supplier takes this cheque, and deposits it in his own account in the bank. The money is transferred from one bank account to another bank account in a couple of days. The transaction is complete without any payment of cash. BA/Date o 6/200 6 PREM KUM AR Pay Terras Or Bearer Account number A/c. No 16137926023 State Bank of India NCERT (NEW DELHI n Jabi LE. SRI AUROBINDO MARG, Bank branch NEW EL 10010 code Cheque number Coding used by banks
Leann Activities Banks banka kufovy a small p.tapoutian afait, as eath, with * he anks ue the majos pasutin d fromm annd uhat i pid dapositasa dlapoaiti Bank make esust Loans ith
What do you think would happen if all the depositors went to ask for their money at the same time?
NCERTs series initiator at Unacademy 'Educator of the Month' for Feb'19 CBSE 0.1% Merit Certificate holder in Mathematics