Forums

All TopicsAccountancyAuditingCorporate & Other LawsDirect TaxationIndirect TaxationFinancial ManagementEconomicsCostingStrategic ManagementMaths & StatsExamsOthersAFMFinancial ReportingCFA Level I

Negotiable instrument act 1881

Corporate & Other Laws

What is the meaning of truncated cheque

Rifhat Khan

Rifhat Khan

CA Inter

★ 28K+

20-Mar-23 10:59

169

Answers (1)

Best Answer

Cheques being physical in nature, during the process of their clearance in Banks, when instead of sending physical cheque forward, an electronic image of such physical cheque is forwarded, that is called a truncated cheque.

CA YOGITA HARJANI

CA YOGITA HARJANI

Faculty

20-Mar-23 14:18

2 day Offer

Connect With Us

Sales

964-011-1110 / 913-331-0549

Support

915-491-1196

964-011-1110

support@indigolearn.com

Company

About Us

Contact Us

Careers

Information

Testimonials

FAQ

Terms & Conditions

Privacy Policy

Courses

CA Foundation (New)|

CA Inter (New)|

CA Final (New)|

CFA|

ACCA - Knowledge Level (L1)|

ACCA - Skills Level (L2)|

US CMA|

CMA Foundation (New)|

CMA Inter (New)|

CMA Final (New)|

Books|

Mock Test Series|

Mentorship|

Upskilling

Course Guides

CA Course Guide - Here Is How To Become a CA|

ACCA - A Comprehensive course guide|

CFA - Chartered Financial Analyst|

US CMA - A Course guide|

Online B. Com Degree - A Complete guide|

CA Foundation Course - A Complete Guide|

CA Inter - A Complete Guide|

CA Final - A Complete Guide|

CMA Course - A Complete Guide

Offerings

Buy Courses|

Free Courses|

Free Resources|

Free videos|

Forums|

News and Updates|

Blogs|

Testimonials|

APP 1FIN

CIN: U74999TG2017PTC116012 | GSTIN: 36AAECI4332C1Z0 | PAN: AAECI4332C