(MENAFN- GetNews) Dubai, UAE - June 24, 2024 - Delicate Software Solutions is proud to announce the launch of its innovative cheque printing software , designed to streamline cheque issuance for ...

In CTS, banks use scanned copies of cheques for settlement instead of the physical copy making the clearing process partially electronic Clearing of bank cheques is set to become faster. In its sixth ...

With a view to expedite clearance of cheques, the Reserve Bank of India on Friday announced bringing all bank branches across the country under the Cheque Truncation System (CTS) from September 2021.

The much awaited hightech cheque truncation exercise is likely to be launched officially by the end of December. Initially, ten banks would be joining this high-tech facility, more banks are likely to ...

In a welcome step, the Reserve Bank of India (RBI) has made a major change in the process of clearing checks. From October 4, 2025, checks will now be paid in a few hours, whereas it used to take a ...