Guys, I think we all need to learn to sign to avoid several such issutes. On 19 Oct 2010 14:52, "Jairam Balasubramanian" <cajai...@gmail.com> wrote:
Hello Signature or thumb impression has nothing to do with clearing. In the clearing house, only cheques are sorted bank/branch wise and sent to the respective banks using the magnetic ink character recognission M I C R codes in the cheque. It is only at the branch of the drawer,that is the person who has drawn the cheque, that the signature and other details are verified and the cheque is passed or suitably returned to the clearing house in case of difference in signature, insufficient funds, etc. So if the specimen signature/LTI is available at the branch, it should be enough. To unsubscribe send a message to accessindia-requ...@accessindia.org.in with the subject unsubscrib... To unsubscribe send a message to accessindia-requ...@accessindia.org.in with the subject unsubscribe. To change your subscription to digest mode or make any other changes, please visit the list home page at http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in
