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Re: Cash Deposit Certificate

Post by ERWIN on Fri Jul 31, 2009 12:56 pm

Is there a need to put the phrase "PUT ON HOLD" to the cash deposit certificate?
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Re: Cash Deposit Certificate

Post by sunriser431 on Fri Jul 31, 2009 1:24 pm

ERWIN wrote:Is there a need to put the phrase "PUT ON HOLD" to the cash deposit certificate?

maybe you are refering to the old standard form SF-Good-16,SF-INFR-21, this was updated by the phrase " Depositor commits not to withdraw the amount of xxxxx. within One Hundred Twenty Days (120) days from issuance of this certificate". Hope this help.
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