During 2024-25, the RBI had added 54.13 metric tonnes of gold. The Reserve Bank of India has introduced real-time clearing of cheques. However, technology integration glitches, inadequate training of ...

The Guinness Book of Records (well at least my old copy) claims that the strangest cheque was one written on a live cow. Rob Lines, Bristol As long as you have the bank details, account details, your ...

The Indian financial landscape has a variety of payment and fund transfer modes now—from cash, to debit and credit cards to mobile apps like Paytm—but for most of us, cheques remain an integral part ...

While the use of cheques has been declining with the growing popularity of electronic and card payments, banks still process a lot of cheques every year, according to https://cba.ca. A cheque is an ...

On June 22 last year, the Reserve Bank informed banks that from December 1, 2010, all cheques cleared under the image-based cheque truncation system (CTS) should be free of any alteration, correction ...

Starting October 4, there's just one big session from 10 am to 4 pm where banks scan and send cheque images to the clearing house right away. The Reserve Bank of India (RBI) has rolled out new ...

While there have been several advancements by Jamaican banks over the last decade, a question that puzzles many persons is why they can’t simply deposit their cheques to their bank account using their ...

Received a cheque? Seven elements you should double check before accepting it An easy to follow checklist to write and receive cheques to avoid financial hassles. Picture used for illustrative ...

A second public consultation will be conducted in 2024 to set out the initiatives and timeline to eliminate cheques in the system. The Monetary Authority of Singapore (MAS) today announced that all ...