::: rockstar ::: said:
hi satish,
I really don't believe your BD was charged the next day (15th july) just after reaching ur application (14th july). There must have happened something wrong with the transaction or may be the recipient name is wrong or the one u r dealing with is making fool of u.
I am sorry to say but bd/cc/dd can't be encashed just on the next day the applicantion reached CIO.
::: rockstar :::
Hmm he didn't say it was cashed, he said it was presented.
The recipient presents the draft to their bank, much like a personal cheque, and then it takes a certain number of days for those funds to clear and to reach the recipient's account.
So whereas I agree it seems unlikely they would have opened the application, performed the completeness check, sent the draft off to accounts AND presented the draft to the bank within 1 day - it isn't impossible.
Wayne.