Question

What is the ifference between multi-city cheque and normal cheque?

Answer 1

Answer:

Multi city cheque

• The form of cheque written directly by the customer that can be payable in each branch of that particular branch is a multi city cheque.
• It is only achieved in the case of the actual transaction.
• There are costs that are deducted from the account for issuing the cheque.

Normal cheque

• While the normal cheque is released on your request by the bank.
• They give the cheque, also referred to as the banker’s cheque, when you send the money to the bank.