Cheque volumes in the UK may have dropped from four billion in 1990 to 644 million in 2014, however the introduction of the Future Clearing Model will modernise the payment method, with banks using ...
The Reserve Bank of India (RBI) has taken an important decision regarding people who make payments by check. The RBI has ...
RBI introduced continuous clearance under the Cheque Truncation System (CTS) to make cheque clearing faster and smoother by ...
Phase 1 of the system, which was implemented earlier this year, will continue to operate as usual. The RBI further stated ...
Reserve Bank of India postpones Phase 2 of faster cheque clearance under CCS, revises cheque processing hours. Phase 1 ...
MUMBAI: The Reserve Bank (RBI) has deferred the rollout of the phase 2 of its faster cheque clearance framework, which was scheduled to be effect January 3, 202 ...
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RBI defers 3-hour cheque clearance rule: What the delay means for banks and customers
The Reserve Bank of India (RBI) has postponed the implementation of its proposed three-hour cheque clearance rule, offering ...
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