RBI has made Positive Pay mandatory for cheques above Rs 5 lakh, while it is strongly recommended for those above Rs 50,000.

RBI has directed banks to make customers aware of these changes so that everyone can avail the benefit of faster cheque ...

Account Number (Customer’s account number) Cheque Date – (Cheque issue date) Cheque Amount – (The amount should not be comma ...

ICICI Bank said that its latest move will ensure quicker fund availability, greater convenience, and reduced delays. ICICI ...

India is transitioning to a near real-time cheque clearing system from October 4, drastically reducing fund transfer times to ...

RBI's new cheque clearing system speeds up payments, but data shows declining cheque usage due to digital alternatives.

India's cheque clearing system is set for a major overhaul from October 4, transitioning to a continuous, near real-time ...

ICICI Bank announces same-day cheque clearing starting October 4, 2025, enhancing convenience and security in line with RBI guidelines.

Cheque volumes in the UK may have dropped from four billion in 1990 to 644 million in 2014, however the introduction of the Future Clearing Model will modernise the payment method, with banks using ...

ST. LOUIS--(BUSINESS WIRE)--Once again, the Aperta Automated Clearinghouse (ACH) solutions have provided the mechanism for a country to leapfrog technology from manual cheque clearing and settlement ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. PACS is a comprehensive payment solution that incorporates the clearing ...

CUMBERNAULD, United Kingdom--(BUSINESS WIRE)--Aperta, a world-leading supplier of payment solutions, announced today that it has been selected by PCHC to provide the PACS solution for the Philippines.