Hi,
I think your cheque has been discounted!
Normally they charge Rs.20 for cheque of Rs.130/-.
Do this thing,
Ask the Bank people for clearing cheques by OSE Method and you will be not charged a single Rupee. But the cheque takes cleared in 7-15 days depending on the location of the bank.
If you make Discount clearing (I think maximum is Rs.15000 per day) you will be charge certain amount like 10%-15% as charges.
I use Canara Bank and normally it will be same for most of the nationalised banks.
Discount Clearing is not safe also. They credit the amount to your account, but it will be reversed (with charges again) if the cheque gets bounced.
Once I recieved a cheque of $12.5 (Approx Rs.530) from a US Customer. I was charged Rs.37/- for the clearing.
---------------
With Regards,
Navaneeth (snrama)
😉
---------------
With Regards,
Navaneeth (snrama)
😉