Tag: Positive Pay limits

Name: Positive Pay System: Why it is useful for a cheque
Uploaded: 2022-02-17T09:42:15+00:00
Channel: Mayur Kumar
Description: A positive pay system is a fraud-prevention system offered by most commercial banks to their customers to protect them against forged

February 17, 2022

Positive Pay System: Why it is useful for a cheque

The positive pay system, Reserve Bank of India (RBI) had announced the introduction of the Positive Pay System for Cheque Truncation System (CTS) and has been implemented from 01 Jan…

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