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When a cheque is honoured, who does it belong to? does the paying bank keep it or is the issuer entitled to it and the bank obliged to return it to the issuer if the issuer requests its return?

cheques
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Y Papathoma Posted

When a cheque is honoured, who does it belong to? does the paying bank keep it or is the issuer entitled to it and the bank obliged to return it to the issuer if the issuer requests its return?

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