What is the process of cashing checks in Guiyang Bank?

The holder presents the cheque directly to the paying bank. Entrust your company's correspondent bank to cash the transfer.

If the payee fills in the company, the company to receive the payment has a legal person account in the bank, with a legal person seal (private seal) and a financial seal, and then the financial seal and legal person seal.

The person who withdraws the cash is himself, and he needs to sign and indicate the ID number. When withdrawing the cash, he needs to show his identity at the same time. Cashing a cash check is handled by the payer's bank. If there is no financial seal, the bank will not accept it and will not be able to withdraw cash.

Even without the company seal. If the payee writes an individual, then I can take my ID card and go directly to the bank of the payment company or individual to withdraw cash. When cashing a check, you should also sign in writing on the back of the check and indicate your ID number and the public security organ that issued the certificate, and show your ID card at the same time.

The check exchange procedure is as follows:

1. The holder presents the cheque directly to the paying bank: that is, after receiving the transfer cheque, you have to present the cheque to the payer. Once the cheque is presented, the payer will pay the amount recorded in the cheque to the holder from the drawer's account of the cheque presented.

2. Entrust our correspondent bank to cash the transfer: Entrust our correspondent bank to exchange and cash the transfer cheque, and the bank will take the cheque to the clearing house for exchange, which will be handled by the bank. At this time, when the balance of the drawer of the paying bank is insufficient, this check becomes a non-payment check and will be returned to a non-payment bill.