The Cheque Truncation System goes live in the next 18 days. This will see old cheques replaced with new design cheques that are compliant with truncation system. Kenya Bankers Association (KBA) Chief ...
The Reserve Bank of India (RBI) on Wednesday has postponed Phase 2 of the cheque clearance journey until further notice. Phase 2 of the Continuous Clearing and Settlement on Realisation (CCSR) in the ...
The cheque Truncation System (CTS) was initially scheduled to go live in June, but was pushed forward to August 15 following low compliance rate. This was attributed to printing constraints, which ...
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