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CTS CHEQUE
Issuing cheque above Rs 20 lakh? Positive Pay System now mandatory from April 24 in this bank- RBI action: Cheques to be cleared within few hours now, closing in on NEFT, RTGS speed of transferThe Reserve Bank of India has stated that the clearance of cheques will be expedited to within a few hours. This announcement was made by t...
- What is RBI's Cheque Truncation System (CTS): What is CTS-2010 Standard Cheque, are non-CTS cheques invalid?
- RBI to introduce pan-India CTS by Sept 2020 to make cheque clearing safer, fasterThe RBI is now planning to implement a pan-India Cheque Truncation System from September 2020.
- Today is last day for non-chip cards, saving on belated ITR fee, non-CTS chequesBefore you get into party mode, it is important that you finish these tasks for a hassle-free 2019.
- No clearance of non-CTS compliant cheques from January: Punjab National BankThis eliminates the cost of movement of physical cheques and reduces the time for clearance for better delivery of services to customers.
- Deadline ends, old cheques make way for safe, fast CTSThe deadline for switching to new format bank cheques under the cheque truncation system (CTS) ended on Wednesday.
- Follow uniform holiday calender for CTS cheque clearing: RBI"The CTS centres in New Delhi, Chennai and Mumbai will adopt RTGS holidays as uniform holidays for the respective grid," RBI said.
- Tips to replace non CTS-2010 compliant chequesThe advent of CTS-2010 compliant cheques will make the existing cheques invalid from 31 July 2013.
- ET in the Classroom: Why you need CTS cheques?rom April 1, your cheque book will become invalid if it is not CTS 2010-enabled. Here's why.
- NRIs, get ready to order new India cheque booksRBI has introduced a new format for cheques, the CTS-2010 Standard as part of its measures for enhancement of security features.
- NBFCs allowed to migrate to new standard cheques till March 2013Borrowers from NBFCs have now time till March 31 to replace their old system bank cheques with new ones with added security features for th...
- RBI extends cheque upgradation deadline till March next yearBank customers do not need to discard their non-CTS 2010 standard cheque books in a hurry to get their multi-city CTS-2010 standard cheque ...
- Check your cheque status, only those in new format will be honoured from January 1Get a new cheque book before the New Year. Here are the features of new cheques & what you need to do before the year ends.
- RBI to NBFCs: Replace post-dated cheques with standardised normRBI asked non- banking financial companies to replace post-dated cheques issued to them by customers with new standardised cheques with imp...
- SBI to accept cheques conforming to new standards from Jan 1To meet the objective, SBI has asked all its branches to issue only with uniform features conforming to CTS 2010 standard cheques to their ...
- RBI asks banks to issue cheques with uniform features by September 30The Reserve Bank today directed all banks to issue cheques with uniform features conforming to Cheque Truncation System (CTS) 2010 standard...
- RBI asks banks to issue Cheque Truncation System 2010 standard cheques from April 1RBI today directed all banks to issue cheques conforming to CTS 2010 standard with uniform features from April 1, 2012, onwards.
- Delhi Banks won't accept cheques with overwriting from todayCheques with overwriting or cutting will not be honoured by the banks in the capital from today, a move intended to prevent fraudulent with...
- ET in a classroom: Cheque Truncation SystemIt is one of the major innovations in cheque clearing after the Magnetic Ink Character Recognition (MICR) cheques introduced in the 80s.
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