Legal Question in Banking Law in India
in bearer cheque how much exceed value to show id proof
Asked on 1/26/16, 8:43 pm
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
27.01.2016
Dear Sir / Madam,
A bearer cheque can be of any amount value and there is no such minimum value limit above which the Bank can request the bearer for ID proof.
Regards,
Answered on 1/27/16, 4:15 am
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