The new system was part of the RBI’s broader effort to modernise cheque-based transactions and reduce settlement delays for ...

In Phase 1, starting from October 4, there will be a single cheque presentation session between 10 am to 4 pm during which banks will scan and send cheques to the clearing house continuously. The ...

RBI introduced continuous clearance under the Cheque Truncation System (CTS) to make cheque clearing faster and smoother by ...

In a circular issued on December 24, the RBI said the second phase of the Continuous Clearing and Settlement (CCS) framework ...

The RBI has decided to transition the Cheque Truncation System (CTS) to “continuous clearing with on-realisation settlement” in two phases, with the first phase beginning on October 4, 2025 and the ...

St Michael’s Lodge chairman Carlo Marsango, charity steward Gary Anstead and past chairman Bob Lawton visited T.S. Phoebe, Unit 49 of the Sea Cadet Corps to present the £500 cheque raised by members.

Canada must introduce electronic cheque presentation to maintain its first-class payments system, says Bank of Montreal technology and e-business chief. Lloyd Darlington, president and CEO, Emfisys, ...

Reserve Bank of India postpones Phase 2 of faster cheque clearance under CCS, revises cheque processing hours. Phase 1 ...

Wareham Disabled Club has been presented with a cheque for £529, following an October tabletop sale at Furzebrook Village Hall. Jayne Wilson presented the cheque to Bryan Bashford and his club ...

The Commissioner of Police Abia State Command, CP Janet E. Agbede, has presented cheques worth N21, 477,050. 80k to next of kin of 10 police officers who died while in active service. The cheque ...