10 ENGLISH BOOKS RELATING TO «REFER TO DRAWER»
Discover the use of
refer to drawer in the following bibliographical selection. Books relating to
refer to drawer and brief extracts from same to provide context of its use in English literature.
1
Dishonour of Cheques: Liability-Civil & Criminal
"Refer to Drawer" in their ordinary meaning amounted to a statement by the Bank
— "We are not paying, go back to the drawer and ask him why"1. "Refer to
Drawer" means cheque has been returned for want of funds2. Similarly in Prof.
2
Principles of Accounts (Cxc)
If the debtor does not have enough money in his account to cover the amount of
the cheque, the bank will return the cheque to the creditor marked 'refer to drawer
'. The creditor, in turn, will have to settle the matter with the debtor. Whenever a ...
3
New Case Law Referencer on Dishonour of Cheques
The High Court held that "Refer to Drawer" means, "Insufficiency of Funds", "
signatures do not tally" is a fact which can be decided in the trial on the basis of
evidence adduced. Francis Savio v. State Bank of Kerala, 1998 Cr LJ 4735 (Ker)
...
4
Business Law Including Company Law
R.D. = "Refer to Drawer". The expression is used to convey to the holder that
funds in the drawer's account are not sufficient to honour the cheque and,
therefore, he should refer to the drawer for payment. 2. N.S. = "Not Sufficient";
N.E. = "No ...
5
Banking Law and Practice
If a bank has wrongly returned a cheque with the answer “Refer to drawer” and
the mistake is then discovered, the banker should at once take all possible steps
to correct matters. This practice is due to business considerations and also ...
Hong Kong Institute of Bankers (HKIB), 2012
6
FCS Applied Accounting L3
Cheques returned to drawer Sometimes, after the bank teller has accepted a
cheque, the bank will refuse it after all and send the cheque back to the business
with a note saying 'refer to drawer'. 'Refer to drawer' is a general term that covers
...
Gunther, Fourie & Bisetty
22.7.1 Refer to Drawer The objection 'refer to drawer' signifies that the funds
available in the account of the drawer of the cheque are not sufficient enough to
honour the cheque. Accordingly, the payee or the holder of the cheque must refer
the ...
8
Practical Banking In India
'Refer to drawer' implies insufficiency of funds. (2) X instructs his bank OBC to
close his account and transfer to the balance, a cheque drawn by X is presented,
the banker must return it with the remark “Account transferred to ..... .. office”.
9
Commonwealth Caribbean Business Law
It is thought, nevertheless, that 'refer to drawer' or 'R.D.' is defamatory as per Lord
Justice Dankwerts in Jayson v Midland Bank Ltd where 'Mrs Jayson [the plaintiff]
claimed against the bank damages for libel with the assertion that the returning ...
Rajendra Ramlogan, Natalie Persadie, 2012
For example: • Refer to Drawer and bounce: if a cheque bounces (= is rejected) it
is stamped 'Refer to Drawer'. • Collateral and security because they are
synonyms. E Word partners: Compound nouns Many banking terms are made.
Personal ...
10 NEWS ITEMS WHICH INCLUDE THE TERM «REFER TO DRAWER»
Find out what the national and international press are talking about and how the term
refer to drawer is used in the context of the following news items.
Trial in Zama's Bouncing Cheque Case Commences
"After this, I wrote on cheque 'refer to drawer' because the account had no sufficient funds on it. I tried to verify who the directors of Lambda Busing Corporation ... «Zambia Reports, Sep 13»
Security cheques cannot be used to arrest defaulters
On average, one out of every 20 cheques written in 2011 was sent back by a bank marked “Refer to Drawer” or “Insufficient Funds”. Although the Central Bank ... «gulfnews.com, Jan 13»
TONY HETHERINGTON: Fraud suspected by Santander ... but it …
A recent cheque of yours was dishonoured and returned marked 'refer to drawer' – the words used when a cheque bounces because you do not have the cash ... «This is Money, Oct 11»
I'm still awaiting will money from Pinnacle Law
However, these cheques from the solicitors handling her estate — Pinnacle Law — were returned in June marked 'refer to drawer'. It transpired that Pinnacle ... «This is Money, May 11»
Solicitors handling my late sister's estate shut down
However, these cheques from the solicitors handling her estate — Pinnacle Law — were returned in June marked 'refer to drawer'. It transpired that Pinnacle ... «This is Money, May 11»
High Court holds dishonouring cheques was defamatory and …
The cheques were stamped "refer to drawer" and returned under cover of a pro ... Although Mr Aktas was not the drawer of the dishonoured cheques, he was ... «Lexology, Feb 11»
Cheques and free speech get bounced
Nearly five years on, Aktas sued Westpac saying ''Refer to drawer'' defamed him. He said his reputation and his feelings were hurt. He was having a hard time, ... «Sydney Morning Herald, Aug 10»
Absa Bank dishonours Matsimbe's rent cheque
The summons stated that the Absa Bank, Eastgate branch cheque was returned written 'refer to drawer'. The company is demanding a further E350 in respect of ... «Times of Swaziland, Jul 10»
Gordon Brown's £3 rent cheque bounced at university halls of …
The Bank of Scotland stamped the cheque in red ink “refer to drawer”. Mr Paterson, whose name was misspelt by the student “Bill Patterson”, kept the memento ... «Telegraph.co.uk, Dec 09»
- Margaret Doyle is a Reuters columnist. The opinions expressed …
Drawn on the Bank of Gordon, it looked like a dodgy piece of paper from the start, and now it has been sent back, marked “Refer to Drawer”. Shares in Lloyds ... «Reuters UK, May 09»
