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Counter Operation Savings Bank Withdrawal By Cheque

Counter Operation Savings Bank Withdrawal By Cheque. Examination of cheque. Verify the signature & balance. Affix date stamp on backside of cheque. Note date of last transaction & balance after transaction & make entry in record. Transfer the record to supervisor.

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Counter Operation Savings Bank Withdrawal By Cheque

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  1. Counter OperationSavings Bank Withdrawal By Cheque • Examination of cheque. • Verify the signature & balance. • Affix date stamp on backside of cheque. • Note date of last transaction & balance after transaction & make entry in record. • Transfer the record to supervisor. • On receipt of cheque from supervisor obtain the signature of payee on the back side of the cheque & effect payment. RULE NO : 33 POSB Manual Volume -I

  2. Counter Operation Savings Bank Withdrawal By Cheque • Role of supervisor :- • Check the entry in record i.e. software • Verify the signature if amount exceeds Rs. 5000/- & score out the signature of depositor by red wavy line and pass the withdrawal • Sign the document produced by counter PA. • Return cheque to counter PA for payment. RULE NO : 33 POSB Manual Volume -I

  3. Customer InformationSaving Account Withdrawal • Fill up SB-7 form properly • Handover the SB-7 / cheque, passbook to counter PA • Collect the cash from counter PA • Check the balance after transaction • Minimum withdrawal by cash - Rs. 5/-, by cheque – Rs.20/- • Minimum balance in ordinary a/c Rs. 50/- & cheque A/c Rs.500/- • Furnish relevant certificates on SB-7 if the withdrawal is made from minor, illiterate or lunatic account RULE NO : 33 POSB Manual Volume -I

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