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What's the difference between, Local cheque & Outstation cheque? Serious Talk
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TSfinch!
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Feb 12 2010, 08:03 PM, updated 16y ago
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Getting Started

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If the cheque issuer was Standard Chartered KL and I deposit into my CIMB bank, what should I choose? Does it make any difference if i tick either of the option (Local or Outstation) on the cheque deposit form?
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ExpZero
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Feb 12 2010, 08:07 PM
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no, local means same branch, will process on that day. While others will take 3 working days. If my memory serve me right as nowadays I'm not the person in charge this stuff anymore lol.
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TSfinch!
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Feb 12 2010, 08:10 PM
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Getting Started

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Oh ok.
But they have the option for HOUSE Check (in malay: cek cawangan ini) also.
wtf.
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joe_mamak
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Feb 12 2010, 11:24 PM
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Local - Meaning cheques issued in the same zone as the receiving bank.
Outstation, would be something like a Penang bank cheque being deposited into a KL bank.
House cheque, cheque issued and deposited at the same bank branch.
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euphoria88
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Feb 12 2010, 11:27 PM
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one is local the other outstation. Thats the difference
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TSfinch!
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Feb 12 2010, 11:35 PM
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Getting Started

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QUOTE(joe_mamak @ Feb 12 2010, 11:24 PM) Local - Meaning cheques issued in the same zone as the receiving bank. Outstation, would be something like a Penang bank cheque being deposited into a KL bank. House cheque, cheque issued and deposited at the same bank branch. o shiat. i ticked the outstation cheque. will the cheque rejected? QUOTE(euphoria88 @ Feb 12 2010, 11:27 PM) one is local the other outstation. Thats the difference Oh ok. Thanks.
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joe_mamak
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Feb 12 2010, 11:37 PM
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QUOTE(finch! @ Feb 12 2010, 11:35 PM) o shiat. i ticked the outstation cheque. Shouldn't be. They will just tick the right one for you.
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lwb
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Feb 12 2010, 11:41 PM
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first tiem use cheque serbis ere, bro? rilekla.. when your check goes through the clearing house, it will be orraiit.. jieu won't kina screwed by them QUOTE(finch! @ Feb 12 2010, 11:35 PM) o shiat. i ticked the outstation cheque. will the cheque rejected? Oh ok. Thanks.
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TSfinch!
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Feb 12 2010, 11:44 PM
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QUOTE(joe_mamak @ Feb 12 2010, 11:37 PM) Shouldn't be. They will just tick the right one for you.  Phew. Thanks man. QUOTE(lwb @ Feb 12 2010, 11:41 PM) first tiem use cheque serbis ere, bro? rilekla.. when your check goes through the clearing house, it will be orraiit.. jieu won't kina screwed by them  Yes kinda.  Quite worried cuz its kinda big sum of money
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