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Author Topic: The bank refused to cash my certified cheque  (Read 506 times)

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Offline shb27

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The bank refused to cash my certified cheque
« on: December 30, 2016, 01:16:06 AM »
Hi there,

I'm a saudi student who has just arrived in India this week. I issued a certified cheque from my country so that I can cash it here in Bangalore but now the indian bank refused to cash it unless I open an account in their bank.

Is it legal for a bank to refuse to cash a certified cheque if I don't have an account with them?

If it's illegal then what should I do? To whom should I complain? The saudi monetary authority or the indian reserve bank?

Offline Advaradhyakirmani

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Re: The bank refused to cash my certified cheque
« Reply #1 on: January 19, 2017, 09:05:14 PM »
you complain to the saudi monetary authority on this regards.

If a Bank is not obeying your certified cheque, than it has to be on basis of RBI guidelines.

so you also check out with the bank to provide you the law which prevents it from honouring the law.

if they cannot cite you the law, than you have a case and a very good one.
Adv.Aradhya Kirmani
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