When a cheque is drawn on a bank, the banker is called the___________

Related MCQs

• When a banker collects cheques, dividend warrants, bills or other services on behalf of the customer, the banker the banker acts as an__________
• A banker on whom a cheque is drawn by the customer is-----------------------.
• Where a customer by a letter has advised the bank directing the banker not to honour/pay a particular cheque such a letter is called
• A cheque can be crossed by drawing two transverse parallel lines through top left corner of cheque is called -------------.
• Where the signature of the drawer of a cheque is not genuine such a cheque is called --------------
• Where a customer has issued a cheque date of which is yet to come such a cheque is called ---------.
• A banker who collects a cheque for and on behalf of his customer is-----------------.
• When a banker makes payment of a cheque after making hour he will be held ---------.
• One of the conditions to honour the cheque by the paying banker is that amount in figures and words should---------.
• Sec 138 state that drawer of a cheque is liable to be punished if the cheque is bounded for-----------.