This means the bank where you took the loan must be reliable and honest. However this just emphasizes the need for thorough inspection of the contract you signed. It must stipulate that the drawee shall only liquidate the post dated cheque on the date stated in the cheque.
This means the bank where you took the loan must be reliable and honest. However this just emphasizes the need for thorough inspection of the contract you signed. It must stipulate that the drawee shall only liquidate the post dated cheque on the date stated in the cheque.