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What does CLG mean in bank statement?

Posted on September 8, 2021 by Author

Table of Contents

  • 1 What does CLG mean in bank statement?
  • 2 What is the full form of CIG?
  • 3 What does Chq stand for?
  • 4 What is difference between college & university?
  • 5 What is the meaning of BRN CLG chq in Axis Bank?
  • 6 What does ‘CAS Pres CHQ’ mean on a bank statement?

What does CLG mean in bank statement?

clearing
Conclusion. Now, you are aware of the CLG Full form that is clearing. This term is usually used in banking statements or passbooks. It indicates that the cheque of another bank you have deposited to your bank has been cleared and the amount has been credited.

What is COB bank statement?

What does COB mean? COB stands for “close of business.” It refers to the end of a business day and the close of the financial markets in New York City, which define U.S. business hours.

What is the full form of CIG?

CIG – Communications and Interface Group.

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What is COB tomorrow mean?

close of business
​close of business (the time when business ends for the day) We need to come to a decision by COB tomorrow.

What does Chq stand for?

CHQ

Acronym Definition
CHQ Cheque
CHQ Child Health Questionnaire
CHQ Corporate Headquarter (various organizations)
CHQ Chautauqua Airlines

What does Undergraduate mean in college?

Definition of undergraduate : a student at a college or university who has not received a first and especially a bachelor’s degree.

What is difference between college & university?

Colleges are often smaller institutions that emphasize undergraduate education in a broad range of academic areas. Universities are typically larger institutions that offer a variety of both undergraduate and graduate degree programs. Many universities are also committed to producing research.

What is the meaning of CLG and chq in a bank statement?

CLG stands for clearing. CHQ stands for Cheque. COB either for Corporation bank or may be typing error. IOB instead of COB, IOB for Indian Overseas Bank. So, there is a cheque( either of corporation bank or Indian overseas bank) in clearing.

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What is the meaning of BRN CLG chq in Axis Bank?

In simple words, BRN (Branch) CLG (Clearing) CHQ (Cheque). Generally, you wouldhave a cheque number corresponding to this entry. If the cheque was issued in favour of an Axis Bank Customer, you could see the name of beneficiary in place of BRN-CLG-CHQ. In this case, the beneficiary was a non-axis customer.

What does ‘CHQ DEP-MICR CLG-cleari’ mean?

‘CHQ DEP-MICR CLG-CLEARI’ is one way to describe a cheque deposited in your account. Some might even give details of the cheque issuer and the bank. For instance, the narration would read as, ‘XYZ INDIA 55555 HDFC’.

What does ‘CAS Pres CHQ’ mean on a bank statement?

When you pay to someone, and if money gets deducted from your account but the same has not been received by the payee. In such condition if you will get your bank statement, the statement will show ‘CAS PRES CHQ’ for those transactions. Refer to image below to see it….

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