customer is that of debtor and creditor‚ but it is equally well established that quoad the drawing and payment of the customer’s cheques as against money of the customer’s in the banker’s hands the relation is that of principal and agent. The cheque is an order of the principal’s addressed to the agent to pay out of the principal’s money in the agent’s hands the amount of the cheque to the payee thereof." Tournier v. National Provincial & Union Bank of England [1924] 1 KB 461; [1923] All ER Rep
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Checkout and Settlement Check out and settlement are part of the final stages of the guest cycle. It is the final phase of the guest cycle and examines the various activities involved in checkout and settlement. Check out involves the front desk as also other departments such as housekeeping‚ bell desk‚ cashier’s desk‚ Point of sales etc. Main areas for a checkout are the belldesk and the cashier. The FO performs at least 3 important functions during the checkout and settlement
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Introduction Introduction Bank is very old institution that is contributing toward the development of any economy and is treated as an important service in dusty in the modern world. Economic history shows that development has started everywhere with the Banking system and its contribution towards financial development of a country is the highest in the initial stage. Modern Bank plays an important part in promoting economic development of a country. Bank provides necessary funds
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Payment through the banks: You may pay bills at any of the Vodafone appointed banks which will be announced from time to time. Payments by cheque/Payment order: Cheques should be payable to GHANA Telecommunications Company Limited “Account Payee” only. Please ensure that your account name‚ account number and phone number are written on the reverse side of your Cheque / Payment Order. 2. Payment period Payment should be made 21 days of the bill date. 3. Billing period Customers are billed for a particular
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Welcome to the IVHQ China volunteer program! My name is Sarah Sutherland and I will be your IVHQ volunteer travel consultant for the China program. I am very excited to have you on our program and congratulate you on making the decision to go abroad and volunteer. It is never an easy decision to make but I guarantee you now‚ that your time in China will be some of the most rewarding and amazing you will ever experience. It’s great to have you onboard and your skills and qualifications will make you
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___________________________________ __________________________________________________ ___________________________ PIN ___________________ 8 Mode of remittance a By Postal Money Order at my Cost b By account payee cheque sent directly for credit to my Saving Bank Account (Scheduled Bank / Post Office) under intimation to me Put a tick ( ) in the box against the one opted ( ) To the address given against item No. 7 ( ) Saving Bank Account No. ___________________________
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BANKING TERMS PAGE-1 The basic banking terms are frequently asked in all the Bank Interviews. These terms are useful not only for your interview but also for your general knowledge. Knowledge and Understanding of Important Banking terms play a very crucial role in the final selection. Account Agreement: The contract governing your open-end credit account‚ it provides information on changes that may occur to the account. Account History: The payment history of an account over a specific period
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CASE STUDY (Process of Accounting). Rajiv and Rahul were twin brothers. Rajiv was interested in computers and would find time to always work on computers either at college or at his friend’s place. His keen interest in subject made him take up computer software for his degree course. He pleaded with his father Mr. Raghunath and purchased a computer for his use at home. Rahul was always interested in sitting at his father’s shop at the nearby market place selling electrical appliances. He would
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American International University-Bangladesh (AIUB) INTERNSHIP AFFILIATION REPORT ON GENERAL BANKING OF EXIM BANK LTD. An Internship Report Presented to the Faculty of Business Administration in Partial Fulfillment of the Requirements for the Degree of Bachelor of Business Administration Supervised By: Tahsina Khan Faculty Of Business Administration Submitted By: Name-Md. Ashifur
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of the member : Name of the Claimant(s) / and relationship with the members : MODE FOR REMITTANCE [PUT A TIC IN THE BOX AGAINST THE ONE OPTED] (a) By postal money order at my cost to address given against item No. 7 (b) Account payee cheque sent direct for credit to my SB A/c (Scheduled Bank) under intimation to me S.B. Accounts No. ______________________________________________ Name of the Bank (in block letters)
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