04-29-2010, 09:39 PM
But i dont agree with you guys that cheque can be issued to third party on the instructions of the fund's account holder.
I agree that there is no written law in my knowledge whether or not cheque may be given on the name of third party on the instructions of client.
However, i say it bad practice which may result into money laundering.
Regards,
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I agree that there is no written law in my knowledge whether or not cheque may be given on the name of third party on the instructions of client.
However, i say it bad practice which may result into money laundering.
Regards,
*