NRI cheque bounce Pakistan?
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“No, it is not the case. The Pakistan government has not arrested any NRI on cheque bounce charges. In fact, the Supreme Court of Pakistan has directed a commission to investigate the NRI cheque bounce cases. The Supreme Court has asked the Punjab government to provide information about the number of NRI cheque bounce cases in the province. The Supreme Court has directed the provincial government to provide information about the number of NRI cheque bounce cases. Based on the passage above, Could you paraphrase the section ”
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A NRI who has been married for 20 years in the UAE had sent a cheque to my family. When we deposited the cheque in my mother’s savings account, the bank closed the account. We have not received the cheque for two months, and the NRI has returned the money. My mother wrote in her letter that she wants a refund for the amount deposited, but the bank has refused to refund the money because it is from a non-resident Indian. Please call us at 92
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It’s shocking to see how the NRI cheque bounce scenario is playing havoc in Pakistan, I was shocked to read that there are thousands of NRI Cheques stuck in our bank accounts. It’s a pity to hear that some people are being cheated with large sums of money on account of NRI cheque bounce. There are so many stories like the above that have been published in the news media. This is a major issue. Most people are talking about NRI cheque bounce cases in Pakistan. Now let’s take a step further and
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Dear Reader, NRI cheque bounce Pakistan has become one of the topmost topics of debate in Pakistan. Many people have lost a good sum of money to fraudsters who use this method of stealing money from NRI. The reason why NRI cheque bounce is such a big problem in Pakistan is the same reason which has given rise to it. The banks in Pakistan have been making it very difficult for NRI to get their money from their account. The problem has created a lot of misery for the people and is becoming an enormous bur
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NRI cheque bounce Pakistan: The cheque bounce is a fact of life in Pakistan these days. It affects all those who want to get remuneration or money out of Pakistan, either for investment or business purposes, as it is a very slow-moving process. The Pakistan Stock Exchange also has had a few instances where NRI shareholders wanted their money out for investment purposes. Let us not be carried away by the rhetoric, as there are several factors which are responsible for this bane of the people who are
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NRI cheque bounce: Every Indian is familiar with the term ‘cheque bounce’. However, few know that it refers to a very common phenomenon that arises due to differences between cheques made in foreign countries and those made in Pakistan. Pakistan is the only country in the world that has the cheque payment system. my response As cheques are made and presented in Pakistan, the cheque is not accepted by banks. In other words, no money is transferred when a cheque is presented in Pakistan. What is happening? The difference in banking systems in India and Pakistan is