Bank Branch Manager Question:
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Tell me what is ‘Credit-Netting'?


A system to reduce the number of credit checks on financial transaction is known as credit-netting. Such agreement occurs normally between large banks and other financial institutions. It places all the future and current transaction into one agreement, removing the need for credit cheques on each transaction.

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Explain what do you mean by ‘cheque endorsing'?Do you know what is ‘Crossed Cheque'?