Employee Salary

Hi,
Is there any provision that we can get a Salary DD other than the employee's name.. if the employee gives a declartion on the same.....
Got a query regarding this from one of the employees in our office :?:
This employee is newly joined and dont have a bank account in his name. Thatz why he is checking the same.. His salary account is not opened yet... :(
Looking forward for you kind reply :)
Thanks in Advance
Cheer's
Dhanjith

I don't think that account people would allow that, generally this is not done..
but u can do one thing. you can ask accounts deptt. to pay him cash..
that they culd do easily.
regards,
EAFIL

Hi Dnajith,
Nope according to me it is not possible to give the DD in someone's else name.
The person has to have any bank account in his name where the salary can be transferred or DD can be given.
One option is to ask your Accounts people to give him some cash as advance from the salary till the time the bank account is not there.
Cheers
Archna

If the salary cannot be paid in cash, the cheque can be issued in his name without crossing so that the person can go that particular bank and collecte the amount in cash
rb

hi Swastik,
Can u be more specific on that ..how does a Bearer Demand Draft work?
Sorry i am hearing tat for the first time :?:
Regards,
Dhanjith

Hi,
This has occured in my co as well and we gave cash to the employee. You cannot issue cheque or dd on any other name than the employee. You need to convience the accounts to give cash and if its not wrking give cheque which can be deposited once the a/c is opened.
Let me know the solution you follow...
Regards,
Manasi

Dear Dhanjit,
Demand Draft are of two types one is crossed and the other is normal.
In crossed demand draft you need to have an account to encashed it. While ordinary draft is that where the person must produce the draft in the bank where it is payable and he will be paid in cash.
We have used it in case of recent transfer employee.
Regards,
SC