I have the DD of 1000$ from HDFC bank and issued to a person who had promised me for visa. But he did not and cheated me. It is payable to some US Immigration department. I am not sure whether this DD is honoured or not. Now can i cancel the DD ?
naresh (employee) 07 April 2014
I have the DD of 1000$ from HDFC bank and issued to a person who had promised me for visa. But he did not and cheated me. It is payable to some US Immigration department. I am not sure whether this DD is honoured or not. Now can i cancel the DD ?
Kumar Doab (FIN) 08 April 2014
DD can be cancelled from the branch that issued it as they would have signature of purchase, original copy issuance form, and original DD would be required for cancellation.
Other option is of ‘Stop Payment’. However you should go thru the record and documents so that are you not sued or breach of trust, fraud, breach of contract etc. Ideally NOC from beneficiary may be obtained.
If DD is 6 months old (now 3months) revalidation would be required. For revalidation you might be approached would need to go to the same branch.
You may also check with the issuer bank with counterfoil of DD with stamp of bank, if the DD is enachsed or not?
You have posted that your matter pertains to visa fraud.
Contact a lawyer in person, show all docs, and act as per expert advice of your lawyer.
Krishna Gulagari (LAWYER) 08 April 2014
Yes, DD can be cancelled in the same bank with producing the original DD.
Sudhir Kumar, Advocate (Advocate) 10 April 2014
not a legal query. ask a bank clerk.
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