March 2017

What is an account balance? An account balance is the amount of money present in a financial repository, such as a savings account or checking account, at any given time. The account balance is always the net amount after…

The drawee may pay the check even after the expiry of the time limit fixed for its presentation. I had loaned 10,000 Dh to a friend of mine. I took two post-dated checks from him as collateral. The dates he had mentioned…