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Refund of Payment under Reserve

The Bank will pay the negotiating bank the face value of the bill along with interest at commercial rate of the negotiating bank plus charges. Interest /charges, if any, would be for customer’s account.

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“Compare and Shop is a Service provided by Cheggout Services Pvt Ltd for Punjab and Sind Bank customer(s). Punjab & Sind Bank is providing this as a value added service. Punjab and Sind Bank does not guarantee or warranty or make any representation about the usefulness, worthiness and/or character of the product/service and/or discount or benefit.”

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