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A draft issued by the bank has been lost by the...

This question belongs to Banking Awareness Banking Awareness Miscellaneous
Banking Awareness miscellaneous
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A draft issued by the bank has been lost by the payee. He sends a letter to the issuing bank to stop payment. Bank will:

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Correct Answer: Option A
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1 Comment
AMIT KUMAR
AMIT KUMAR 10 years ago
After sending the draft,if someone realizes that it is a case of forgery or the concerned person is involved in forgery, then is there any way to stop the payment of the draft with or without informing the purchaser of the draft?

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