Public Bank Cheque Deposit
The deposit itself is a liability owed by the bank to the depositor.
Public bank cheque deposit. The cheque or cashier order should be payable to public finance limited. The time taken for the money from the cheque to be credited into your account will depend on the number of days required to clear the cheque. Bank deposits refer to this liability rather than to the actual funds that have been deposited. Public bank a complete one stop financial portal offering a range of accounts credit cards loans deposits and other financial aids for our personal and commercial customers.
Public bank a complete one stop financial portal offering a range of accounts credit cards loans deposits and other financial aids for our personal and commercial customers. When you deposit a cheque into your account your bank which is the collecting bank will send it to specific clearing centres to be sorted and dispatched to the drawee bank for payment. Public bank berhad internet banking. How bank deposits work.
What are the details i need to provide on the cheque to deposit. In an announcement on public bank s website customers who repay their credit card balance or loans over the counter will be required to pay a rm2 00 fee for each transaction. Cheques are valid for 6 months from date of issuance unless otherwise stated on cheque. Ensure that your full name date amount in words and figure which tally and issuer s signature are.
Locate a quick cheque deposit box near you or visit our 24 7 digital lobbies. You will need to provide your full name as per bank s records your bank account number and your contact number at the back of the cheque before depositing it at our quick cheque facilities.