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…
Axis Bank Positive Pay System
Axis Bank 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).…
Sovereign Gold Bond Scheme 2021-22 Series V
The Sovereign Gold Bond Scheme 2021-22 – Series V – The Reserve Bank of India announced that, the Sovereign Gold Bond Scheme 2021-22 – Series V will be open for…
Detection and Impounding of Counterfeit Notes
Reserve Bank of India through its Department of Currency Management issued Master circular, vide RBI/2021-22/02 DCM (FNVD) G–1/16.01.05/2021-22 dated 01st April 2021, for Detection and Impounding of Counterfeit Notes. The…
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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…