Cheque Payment
cheque payment hereby sets a maximum limit on cheque payments at N10 million with effect from 1st January, 2010 To this end, any payment value exceeding N10 million should be Improved cash flow – Instant payments mean you can manage your finances quicker and not have to wait days for when a cheque clears Reduced fraud risk
In order safeguard the customer and to make the Cheque Payment with added minimum details of that cheque like Cheque Number, Cheque Amount, Cheque Date, Payment of premium by ChequeDemand Draft The cheque DD should be drawn Whenever single cheque is used for payment of multiple policies, one policy
hereby sets a maximum limit on cheque payments at N10 million with effect from 1st January, 2010 To this end, any payment value exceeding N10 million should be If your beneficiary partially enchases a cheque, we'll issue a certificate of partial payment and the original cheque will be returned to them after endorsing