Cheques will be scanned, presented, and passed in a few hours and on a continuous basis during business hours. The clearing cycle will be reduced from the present T+1 days to a few hours.
Altering a cheque to frame the Premier or Works Minister would have been practically impossible at the Bank of Bermuda or its cheque-clearing company, sources familiar with Bermuda's banking system ...
(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 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 ...
In a bid to speed up the cheque processing time from the current T+1 settlement period, RBI has announced that starting October 1, 2025, cheque handling will move away from the existing batch clearing ...