Bangladesh Bank yesterday restored the interbank cheque clearing system in a major relief for users but a backlog of cheques and the non-operational electronic fund transfer (EFT) platform are still ...

KARACHI: Noted Chartered Accountant and former Chairman Federal Board of Revenue (FBR) Syed Muhammad Shabbar Zaidi has said that a complete elimination of bank cheque transaction system is not ...

19 July 2008 MUSCAT -- The Cheque Imaging System (CIS), which is part of a larger plan by the Central Bank of Oman (CBO) to introduce a comprehensive national payment system for electronic funds ...

MUMBAI: The new cheque clearing system of the RBI with nationwide uniformity and much shorter time lag allowing credit/debit into/from an account within a few hours, is kicking in from today, October ...

Customers of Bank of Baroda (BoB) should be aware that from next month, it is proposed to make Positive Pay confirmation mandatory for cheques issued for Rs. 5,00,000 and more. Customers will be ...

India's new real-time cheque clearance system is experiencing initial problems. Bank staff are facing challenges with new processes, and technical glitches are slowing down cheque processing.

In a major reform for India’s banking sector, the Reserve Bank of India (RBI) has announced the rollout of a faster cheque clearance system that will allow funds to be credited to customer accounts on ...

https://www.thehindubusinessline.com/opinion/columns/the-cheat-sheet/how-positive-pay-system-safeguards-cheque-payments/article33348513.ece Copy Banking regulator ...

Kenyan businesses and households are clinging to cheque payments as African peers increasingly walk away from one of the world’s oldest banking instruments amid rising preference for digital ...