Question

The signatures on the withdrawal slips and the specimen available with the bank should match compulsorily.

• A. True
• B. False

Answer 1

The correct option is A True

True. The signatures of withdrawal slips and specimens available with the bank should match compulsorily. The bank has a specimen of the signature that is the signature that you do while you are opening your bank account. Both should match so that the bank is sure that the right person is withdrawing money and the transaction is real.