When should the payment be received to avoid span short reporting?

The payment date should be for the T day & cheque should be deposited latest by T+1 day in first clearing also, the money pay-in should be done on T day only.  Also if payment to be received by NEFT/RTGS should be received on the T day itself to avoid span margin short reporting for particular day.



Top


Happy with the solution or Did not find what you were looking for?

Write to us faqfeedback@motilaloswal.com

Motilal Oswal Securities Limited © 2014