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Paying Notes And Acceptances








Make your notes and accepted drafts payable at the bank where you do
business. Whether it or other banks hold them for collection, they will
be presented to your bank when due.

Pay your notes, etc., on the day they fall due, and early in the day if
convenient, or leave a check for the amount with your bank on the day
before your paper matures. Banks will not pay notes or drafts without
instructions.

Keep a careful record of the days of maturity of all your paper. Banks
usually notify all payers a few days beforehand when their paper
matures, but this is only courtesy on their part and not an obligation.





Next: Exchange

Previous: How To Make Out A Check



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