Positive Pay System in Bank of India
We have discussed in our previous articles many time that why RBI introduced Positive Pay System? and How does it work?. As per Reserve Bank of India (RBI) instruction, almost…
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Positive Pay System
What is Positive Pay System for Cheque Truncation System?
Here is an important information every bank account holder needs to know about cheque payments rule – Positive Pay System. The pay system will come into effective from 1st January…