 |
| << Back
|
Pay through issuance of post dated checks?
BORROWER/BUYER |
|
Fills out RECEIPT FOR POST DATED CHECKS (RPDC) Form in duplicate and submits the accomplished form and the post dated checks (PDC) to the AO.
|
ACCOUNT OFFICER |
|
Validates the PDCs and acknowledges receipt. Issues copy of RPDC form to Borrower/Buyer.
|
CASHIER |
|
Prepares OR.
Issues copy of OR to AO.
|
ACCOUNT OFFICER |
|
Posts details of payment to the Borrower's/Buyer's ledger. Safekeeps the OR. Releases OR upon request by the Borrower/Buyer.
|
|
|
|