Dear All,
Pls confirm, is there any legal impact of paying F & F settlement amount directly crediting/through NEFT in the bank account of the resigned employee, the settlement letter would be issued via HRMS.
From India, Mumbai
Pls confirm, is there any legal impact of paying F & F settlement amount directly crediting/through NEFT in the bank account of the resigned employee, the settlement letter would be issued via HRMS.
From India, Mumbai
Is there any problem in issuing a cheque to that effect instead of NEFT transfer.
If you issue a cheque you can have a proof immediately in your hand and you can keep a copy of cheque (if required) along with a letter issued by HR Team in your company's personal file of resigned employee. If it is a NEFT transfer you have to get the complete printout of day's transaction and keep the record in separate file.
With warm regards
S. Bhaskar
9099024667
From India, Kumbakonam
1168If you issue a cheque you can have a proof immediately in your hand and you can keep a copy of cheque (if required) along with a letter issued by HR Team in your company's personal file of resigned employee. If it is a NEFT transfer you have to get the complete printout of day's transaction and keep the record in separate file.
With warm regards
S. Bhaskar
9099024667
From India, Kumbakonam
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