Give one word or term or phrase which can substitute each of the following statement.
Refusal by Bank to make the payment of cheque.

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Solution

Dishonour of cheque. Dishonour of cheque takes place when the bank refuses to make payment reasons being insufficient balance in the account of the account holder, wrong bank details, wrong signature etc.

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Similar questions

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Document used to withdraw cash from the bank.

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Booklet or a statement which is used to record the banking transactions.

Q. Give the word term or phrase which can substitute each of the following statements :

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Give on Word/Term or phrase which can substitute each of the following statements.

1) Statement showing the causes of disagreement between the balance of Cash Book and Pass Book
2) The account on which overdraft facility is allowed by Bank.
3) Excess of total of debit side over total of credit side of Cash Book Bank column.
4) An unfavorable balance shown by the Pass Book
5) A copy of customer’s account issued by the Bank
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7) Credit balance of Bank Column of the Cash Book
8) Refusal by Bank to make the payment of cheque

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Give one word or term or phrase which can substitute each of the following statement.Refusal by Bank to make the payment of cheque.

Dishonour of cheque. Dishonour of cheque takes place when the bank refuses to make payment reasons being insufficient balance in the account of the account holder, wrong bank details, wrong signature etc.

Give one word or term or phrase which can substitute each of the following statement.
Refusal by Bank to make the payment of cheque.