What are pay-in-slips?

1 year ago
Banking

Pay-in-slips are printed forms with perforated counterfoils used for depositing cash or cheque. It contains information in respect of the name of the account holder, amount deposited, and the signature of the person depositing it. On the receipt of money, the cashier signs and stamps the pay-in-slip and the counterfoil is given back to the depositor which serves as proof of deposit.

Susmita Sah
Jan 16, 2022
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