Cancelled cheques verify account details for various financial processes. Used in salary account openings, PF withdrawals, loan applications, and more. Contains sensitive info; handle with care to ...

– has decided to phase out cheques. Come 2018, this traditional means of payment will be as useful as monopoly money. Our bankers, whom we so love and trust, have decided that cheques are just too ...

Despite the widely touted explosion in online banking, clearing houses in the country processed an average of 4.5 million cheques per day between April and December 2009. While at par cheques might ...

Now, senior citizens and differently-abled people can access banking services at their doorsteps with Finance Minister Nirmala Sitharaman on Wednesday announcing the launch of doorstep banking as a ...

More than half of banking staff do not understand how long it takes for a cheque to clear, it was revealed today. A mystery shopping exercise carried out by the Banking Code Standards Board found that ...

In order to check banking fraud, the Reserve Bank of India has decided to introduce from January 1, 2021, the ‘positive pay system’ for cheque, under which re-confirmation of key details may be needed ...

Check Bounce Tips: In our country, people of every class take the help of banks to deposit future capital and for financial transactions. Banks provide many types of facilities (latest banking ...

In a major reform to the cheque clearing system, the Reserve Bank of India (RBI) will introduce real-time settlement from October 4, 2025, enabling funds to be credited within hours instead of the ...

A sharp decline in the use of cheques has not reduced the number of cheque-related complaints, says Banking Ombudsman Nicola Sladden. “New Zealanders’ use of cheques has more than halved in the past ...

Punjab National Bank (PNB) has alerted the account holders that the existing cheque books of Oriental Bank of Commerce (OBC) and United Bank of India will get discontinued from next month. “The old ...