encashment


Also found in: Financial.
Translations

encashment

[ɪnˈkæʃmənt] Ncobro m

encashment

n (of cheque etc)Einlösung f
References in periodicals archive ?
Returnees receive the cash grant at UNHCR encashment centres in Afghanistan.
The Secretary also briefed the Committee about the status of encashment to Parliamentarians on PIA tickets.
The Customs authorities have been advised to collect duty and taxes in foreign exchange arranged by the Pakistani nationals or the local recipient of cars, supported by bank encashment certificate, showing conversion of the local currency.
He said leave encashment was declared illegal by National Accountability Bureau while Higher Education Commission had also declared it unlawful and directed stopping it.
They also demanded two year-leave encashment and other incentives.
Technical value (sub-criterion 1 disbursement transactions (10%), sub-criterion 2 encashment transactions (10%), sub-criterion 3 payment incidents (5%), sub-criterion 4 other banking services (10% ), sub-criterion 5 payment data transmission modalities (10%), sub-criterion 6 certification, maintenance, evolution, backup solutions (10%), sub-criterion 7 assistance and market monitoring (5%)) .
Sources told this scribe that Ministry of Commerce with the consultation of Federal Board of Revenue (FBR) has amended paragraph 3(5), of the appendix-E of the Import Policy Order (IPO), 2016 which read as below that 'All vehicles in new and used condition to be imported under transfer of residence or under personal baggage or under gift scheme, the duty and taxes will be paid out of foreign exchange arranged by Pakistan nationals themselves or local recipient supported by bank encashment certificates showing conversion of foreign remittance to local currency'.
Fresh regulations make the owners of these vehicles liable for duties and taxes supported by a bank encashment certificate, verifying the conversion of remittances into local currency.
LBC, the leading name in "Padala", has forged an alliance with Landbank, "Ang Bangkong May Damdaming Bayan", which will make encashment now easier and more convenient to the latter's thousands of patrons.
Among the services that won't be available are cash transactions, including deposits and withdrawals at a branch, cheque payment and encashment, as well as sending and receiving money.
The following services will be unavailable -- mobile banking, internet banking, cash and cheque deposits, cheque encashment and payment, funds transfer, direct debit and standing instructions, TouchPoints redemption, ProCash and GoTrade.
The provision of medical, leave encashment, financial assistance and group insurance is being ensured, he added.