Common use of Deposit of Cheques etc Clause in Contracts

Deposit of Cheques etc. a) All cheques or other orders for payment of whatsoever nature are accepted for deposit or collection at the risk of the Customer. Where any cheque or order is unpaid for any reason whatsoever (including but not limited to physical loss), the Bank may debit the Customer with the amount previously credited (taking into account any exchange fluctuation where relevant) in respect of that cheque or order, together with interest since the date of crediting if the account thereby is overdrawn.

Deposit of Cheques etc. a) 15.1. All cheques or other orders for payment of whatsoever nature are accepted for deposit or for collection at the your risk notwithstanding that we send such instruments for collection through a courier of the Customerour choice or other means as we deem necessary. Where any cheque or order is unpaid for any reason whatsoever (including but not limited to physical loss)) other than our negligence, the Bank we may debit the Customer you with the amount previously credited (taking into account any exchange fluctuation where relevant) in respect of that cheque or order, order together with interest since the date of crediting if the account is thereby is overdrawn.

Deposit of Cheques etc. a) All 16.1.All cheques or other orders for payment of whatsoever nature are accepted for deposit or for collection at the your risk notwithstanding that we send such instruments for collection through a courier of the Customerour choice or other means as we deem necessary. Where any cheque or order is unpaid for any reason whatsoever (including but not limited to physical loss)) other than our negligence, the Bank we may debit the Customer you with the amount previously credited (taking into account any exchange fluctuation where relevant) in respect of that cheque or order, order together with interest since the date of crediting if the account is thereby is overdrawn.