FAQ on Positive Pay System
Reserve Bank of India (RBI) instructed all banks to implement Positive Pay System in order to safeguard customer money against Cheque frauds. It enables cheque issuing customer to reconfirm the…
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…
How to use Positive Pay in ICICI Bank?
In this article we will let you know the procedure for submitting a high value cheque in ICICI Bank Positive Pay System (PPS). As we all know that the concept…
HDFC Positive Pay through Net Banking
HDFC Positive Pay System – The leading private sector lender, HDFC Bank has made Positive pay system for cheque payment live in HDFC Net Banking. If you already registered for…
How to submit a cheque in SBI Positive Pay System?
SBI Positive Pay System – We all know that Reserve Bank of India (RBI) introduced Positive Pay System for strengthening high value cheque clearing in CTS (Cheque Truncation System). Accordingly all the…
How to register a Cheque in KVB Positive Pay System?
KVB Positive Pay System – In order to have control over the Cheque clearing, Reserve Bank of India (RBI) has introduced Positive Pay System (PPS) for payment of cheques presented…