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 Why banker's cheque cannot exceed rm5000?

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ts1
post Dec 24 2021, 09:40 AM

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meaning the cheq is 1500, if somehow this cheq was modified or banker mistakenly key in 15,000 u cannot counter claim the banker cheq issuer....max only 4999 liability
ts1
post Dec 24 2021, 01:15 PM

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QUOTE(RiriRuruRara @ Dec 24 2021, 12:38 PM)
Than why didn't he set the limit to 1500 since he only sending 1500?
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coz simple. they dun have hard copy of a banker cheq written from 1 to 5000

 

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