Multiple choice

Your branch has received a garnishee order in the name of your customer having saving bank account with the following transactions. Which among these is not a subject matter of the garnishee order?

  1. An advice ready for dispatch to another branch after debit to the account in payment of cheque

  2. An advice received for a cheque which was sent in collection from another branch but not credited to the account so far

  3. A cheque in clearing, the amount of which has been credited to the account

  4. An amount of Rs. 4000 relating to his wife’s account credited by mi<font size="2">s</font>take to the account of the customer
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The garnishee order does not apply to the cheques, drafts, bills etc, which have been sent for collection by customer and have been credited. But if the amount of the uncleared cheque is credited, then the garnishee order is applicable. 

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