[Resolved]  Uco Bank — BETRAYAL

Address:

Varanasi, Uttar Pradesh

An employee from the UCO Bank has verified the signature bearing on the drawer's cheque on October 21, 2013 and, convinced to the payee that he can present in their bank without having assumption of dishonour. Thereafter, the payee has been presented the cheque on October 22, 2013 in their bank on the trust of banker's efficiency. But, due to deficiencies into the banking system of the UCO Bank, the same cheque has been dishonoured upon presented from the clearing bank on October 24, 2013. The outcome of such discrepancies became the main cause of penalize in accounts of both drawer and payee. I have raised complaint with RBI, Banking Ombudsman and Branch but no one is helping. Perhaps, Government of India, Indian Banks on the lines of the dictator.