Cheque lost abroad used in Karachi – remedy?
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A cheque worth 5 million was lost in Karachi by a local businessman abroad, the value of the same is estimated at around Rs.500-550 million. After the loss, the concerned bank officials are trying to find a way to recover the amount and return the cheque amount. The businessman received the cheque from a local bank in Karachi on August 14, 2020. The cheque was in Rs 1000 denominations, and it was signed by himself. The businessman had sent
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Cheque, which was in my account at HBL Bank (Islamabad Branch) in Karachi (Bankers branch) has been misplaced since November 2016. HBL Bank, through which I had drawn cheque of Rs.1,500,000/- for paying the outstanding salary of staff, has failed to pay the cheque amount. Even though I have remitted the same amount in the HBL Bank’s other branch as well, they have not yet settled it. Even the cheque is
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As I am your regular reader of ‘Affordable Legal Services’ in Karachi, I am pleased to report about the issue. More Info My colleague has suffered losses in Karachi after his Cheque of Rs. 1,00,000 was misplaced in a foreign country. The Cheque was written by us and our bank in Karachi, and it was in Pakistan rupees. The Cheque was withdrawn by the person to buy products from abroad. After the Cheque was withdrawn, the purchases were made in
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It’s been a week now since I got a check worth around 50,000 dollars lost abroad in Karachi. additional info It’s a huge loss and has affected my entire life. My family and I are in total shock at the moment, and I am struggling to come to terms with the whole situation. My family members and I are all worried about the future, and there’s nobody to speak to, let alone help us understand what to do next. At first, I was apprehensive and felt like I had let my guard down.
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Karachi has been witnessing a disturbing trend lately, as the foreign exchange companies, and local banks, have started to accept cheques as the valid form of payment, with little or no verification of the same, which in many cases, has led to the mishandling, loss and theft of huge sums. Some people have been cheated on high street shops, while others have lost out on money through ATM cards as the funds have not been retrieved from the respective banks. There is no denying the fact that people who are in the