Outward Bills for Collection
All branches of RAJ BANK have the facility of collecting Cheques, Demand Drafts, Interest Warrants, Dividend Warrants, Refund Orders, Clean Bills and Documentary Bills from customers and various centres. All Cheques and other instruments are collected into properly introduced accounts and sent for collection on the day of receipt from the customers or the next working day.
Inward Bills for Collection
Bills of Exchange, Promissory Notes, Hundi's etc. (Clean / Documentary), payable locally but received from outstation branches / banks / parties are treated as "Inward Bills for Collection". Also, Bills received from RAJ BANK branches and from other banks, directly from drawers or outstation parties are treated as Usance Bills.
For further details, please contact the Raj nearest to you.