Address: | Mumbai City, Maharashtra, 411013 | Website: | www.citibank.co.in |
I have given cheque to citibank for the credit card payment. The details of the cheque are as below:
Bank Name: Janata Sahakari Bank
Cheque Number: 485241
Amount: 49611/-
Amount in Words: Four Nine Six One One Only
Citibank has returned the cheque saying the Amount in Words and Figures do not match.
Is this words format not acceptable by RBI rules?
I have been issuing cheques using the same format and never faced any problems prior to this incident.
I could not find any material on net saying that this format is not acceptable.
Please look into the issue. Was this information helpful? |
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