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Tuesday, February 5, 2008

The project - the formal requirement of payment of money



The project - the formal requirement of payment of money. Your banker"s check - your project of a kind on your bank. It so is not declared, but it is so understood. The check differs from the usual commercial project, both in its formulation and in its purpose. The bank is obliged to pay your check, if it considers your funds sufficient to meet it while the person on whom will delay your project, can or, probably, does not observe it in its pleasure. The check is used to pay money to the creditor while the project is used as means of collecting of money from the debtor.




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