BANKING AFFAIRS

Detailed explanation-1: -Less Cash Received Another example would be if you are depositing cash and checks but want to receive your cash back in a different amount or denomination. In this example, $50 in the form of a fifty-dollar bill is requested so $50 is entered on the “less cash received” line.

Detailed explanation-2: -Definition: A deposit ticket, often called a deposit slip or receipt, is a list of currency and checks provided by the bank as proof a deposit was made. In other words, it’s a receipt that banks give you for depositing funds into your account.

Detailed explanation-3: -Visit Your Bank Branch It is the investor’s responsibility to bring the lost fixed deposit receipt to their bank’s notice. Hence, the first step for the investor is to approach his/her bank branch from where the initial fixed deposit (FD) receipt was issued.