What is RECL?

RECL means reclaim. It is banking term. When you go to Bank ATM and fill any amount and it is not received by you but is deducted from your bank account. It is sure, you will feel shock to see the deduction in ATM receipt without receiving of that amount. At that time, if you send request of reclaiming .

Instrument Mutilated

If you have sent your cheque for clearing and your cheque is rejected by writing the reason of objection of instrument mutilated, then it means that your cheque is raw-boned. Day before yesterday, I sent my cheque for collection. That day, machine in which I had to deposit was not operating good way. .