Each question in this quiz is timed.
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Out of town checks becomes clear after 5 days.
BRSTN is located at the:
lower right of the check
lower left of the check
upper right of the check
upper left of the check
Who is the drawer of the check?
Michael dela Cruz
Filtrepreneur Franchise Inc
I deposited the BPI check I issued amounting to P400,000 to his EWB account. Who is the presenting bank?
Drawee bank has to inform the drawer for any returned check
Presenting bank has to inform the depositor for any returned check.
How many times can we deposit a check?
How many months does it take for a check to be considered as stale?
When can I deposit the check? (Select all applicable answers)
September 25, 2012
September 24, 2012
October 1, 2013
January 1, 2013
December 28, 2012
March 1, 2012
Can Veronica encash the check?
Who is the drawee?
Philcomsat Holdings Corporation
Luis K. Lokin, Jr.
What is the account number?
What is the check number?
BPI is the presenting bank
Banks can still forward physical checks to PCHC even if it's already 5:45pm, at a cost of P10,000.
I issued a check amounting to P143,685,000.00 yesterday. My available balance as of yesterday was only P143,000,000.00. Compute for the RCOCI charges.