Cheque discounting
Cheque discounting,also called cheque cashing helps borrowers access immediate cash from
lenders against current or postdated cheques. The cash obtained is normally lower than the
cheque face value.The deducted amount ranging between to acts as commission.
An individual or a company may seek cheque discounting services to settle emergencies. Some
commercial banks do give cheque cashing services but to only individuals or businesses who
operate bank accounts with them.
To access listing of companies that offer cheque cashing services, follow the steps of instructions
below:
