Mumbai: The continuous cheque clearing system that came into effect earlier this month was meant to clear cheques within hours. This was to be achieved by banks scanning and sending images of ...

Mumbai: The RBI will introduce a new mechanism from October 4 for clearance of cheques within hours of being presented to banks, reducing the current time period of up to two working days. Cheques ...

Cheques into your bank account will clear in less than a day by the end of the year. Here's everything you need to know. Clearing a cheque will take less than a day under changes to the system coming ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Ever-committed to furnish an advanced banking environment, CBO opted for ...

The Central Bank of Nigeria (CBN) has lifted suspension placed on cheque instruments in the Nigerian clearing system. Consequently, cheque instruments will be allowed to pass through the clearing ...