Commercial Applications
What does a pay-in-slip contain?
Banking
2 Likes
Answer
A pay-in-slip is filled in at the time of depositing cash and cheques into a bank account. It contains the following information:
- The date of deposit.
- The name of the depositor.
- The amount to be deposited (in figures and in words).
- The name and number of the bank account into which the amount is to be credited.
- The details of cash (denomination-wise) or details of the cheque (cheque number, bank, branch).
- Signature of the depositor.
- The counter-foil (which is stamped and returned to the depositor as evidence of deposit).
Answered By
1 Like