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RFC account holders can open S.B./C.A account and no cheque book is to be issued. In case of withdrawal for local payment, can bank issue loose cheque leaves for such payment?

April 26, 2017account book c.a Case Cheque HOLDERS issued rfc s.b

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RFC account holders can open S.B./C.A account and no cheque book is to be issued. In case of withdrawal for local payment, can bank issue loose cheque leaves for such payment?

1 Answer

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Withdrawal of local payment can only be made at the request of account holder, so bank can issue loose cheque for making payment to account holder only.