refer to meaning in Hindi with examples: का ज़िक्र करना के पास भेजना से संबंधित ह ... click for more detailed meaning of refer to in Hindi with examples, definition, pronunciation and example sentences.
04 Refer to Drawer. Refer to Drawer’s exact meaning is that there are insufficient funds in the drawer’s bank account. So due to lack of funds issuing bank does not honor a cheque. And the cheque is returned to the payee bank with the reason “refer to drawer” meaning the cheque is dishonored.
REFER TO DRAWER" means that the cheque you have presented to your banker has not been honored and you need to refer the issue to drawer of the cheque. This happens when the drawer's bank account is short of funds and the cheque bounces due to insufficient funds. Yes "Insufficient funds" attracts provision of Section 138 of NI Act and you can file a cheque bounce case against the drawer of the cheque under Section 138 of NI Act after sending a demand notice the drawer for payment of the ...
refer to drawer in British English. a request by a bank that the payee consult the drawer concerning a cheque payable by that bank (usually because the drawer has insufficient funds in his or her account), payment being suspended in the meantime. See full dictionary entry for refer. Collins English Dictionary.
Refer to drawer definition: a request by a bank that the payee consult the drawer concerning a cheque payable by that... | Meaning, pronunciation, translations and examples
I n banking terminology “refer to the drawer”means refer to the maker of the cheque (who signs the cheque as a drawer or simply the account holder) for any doubts or queries. This terminology is generally used by the bankers when the cheque presented by the beneficiary/payee is returned due to insufficient funds in the drawer account.
Drawee and Payee will be the same person in Bill of exchange in which the Drawer issues Cheque to Drawee in favour of Drawee. In the above example, if Company issues Cheque to Bank “in favor of same Bank”, then Drawee and Payee will be the same, i.e. Bank. You may read: Individual and Market Demand. Individual and Market Supply.
Reference to Drawer; 04. Refer to drawer. 05. Kindly contact Drawer/Drawee Bank and please present again. (10-17) Signature; 10. Drawer's signature incomplete. 11. Drawer's signature illegible. 12. Drawer's signature differs. 13. Drawer's signature required. 14. Drawer's signature not as per mandate. 15. Drawer's signature to operate account ...