Saturday

13th day - Hands on General Banking

As I have told earlier I started with the general banking which is the first thing in banking. Generally it is clerical work but a PO should have knowledge of all the things. I started with clearing of outward cheques. Outward cheques are those cheques which we have received for making payment. That means If you receive a cheque from a person of the bank other than the bank in which you are having A/c and you deposit the cheque in your bank for clearing. It would be outward cheque for your bank and inward cheque for the bank on which it is written.

Bye Bye

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