Seafarer cheque bounce Karachi?
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A seafarer who lost his job due to a company’s fault and was paid only one month salary and then he had to pay the entire amount of one cheque bounce on cash withdrawal. And we are looking for a legal help Karachi. I said “us” to explain my point of view, however you can call me only. Here is the second part of the text: The cheque was paid to a merchant on 14 February 2021 for 5 million rupees, which is 40
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The story started in January when one of our sailors got cheque bounced. my latest blog post The guy, a local sailor, had got bounced cheques from a small bank in Mumbai. It was hard for me to believe, especially after knowing the sailors who were working with us in Karachi. How could it happen to them? However, after a few phone calls, it became clear that the cheque was bounced for some reason that is still unknown to me. It was hard for us, the crew, to accept such an insult. It was
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Seafarers from over 70 countries use Pakistani seaports to sail to over 150 destinations across the globe, and with over 60 million passengers passing through Karachi in 2017, it’s obvious that the port handles an enormous volume of cheques, checks, and bills of lading (BOsL). Following are the details: 1. Karachi Port Limited (KPL), the commercial and port authority of Pakistan, was established by an Act of Parliament on
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Seafarer cheque bounce in Karachi — when it’s a nightmare for banks and businesses The cheque bounce has been on the lips of everyone in Karachi lately, with many of the city’s major companies and individual clients expressing their displeasure with this phenomenon. While there are always situations that require cheques to be paid, these instances are still not enough to force banks to accept cheques from untrustworthy seafarers, leaving clients in a pickle. “The situation in Karachi is serious
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Whenever we receive a cheque from a seafarer, or any other person who transacts in our country, our first reaction is always to check the name. We examine the name on the cheque. Then we check for any details, including the name of the seafarer, the seafarer’s address, phone number, etc. We always ask for a signature. But the cheque was not signed, so we could not accept the cheque. We could not check if the person who made the cheque is the person whose name
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It’s a common problem in the commercial industry where employees of off-shore oil drilling companies get cheque bounced. It can happen at any point, from the time they leave their offices, to receiving the money from the bank, to returning to the country after work. The issue at hand is the seafarer’s lack of local bank account, lack of knowledge about the Karachi banking system, and the lack of proper documentation that needs to be submitted to the bank. Here’s what happens: The off-shore company issues the che
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Talking about Karachi, no one ever talks about Cheque Bounce in Karachi. It’s the unpleasant part of business and personal life. he said But the thing is, it’s not just a part of business but a part of everyday life. Everyday people, especially seafarers, are facing this problem in their Karachi life. This article is a part of our list to offer the solution for Cheque Bounce in Karachi. Section 2: 12 Reasons of Cheque Bounce in Karachi