Bank of Baroda (BOB) customers from February 1 will have to comply with changes made to its cheque payments system. As per the changes, customers are requested to provide the bank advance intimation ...

The Reserve Bank of India announced the introduction of new rule 'Positive Pay System' for Cheque Truncation System (CTS) in August 2020 to ensure safe and sound cheque payments. This new rule for ...

https://www.thehindubusinessline.com/opinion/columns/the-cheat-sheet/how-positive-pay-system-safeguards-cheque-payments/article33348513.ece Copy Banking regulator ...

Cheque bounce consequences: How to avoid fines and legal trouble A bounced cheque can lead to serious consequences, including hefty fines, damaged credit scores, and even imprisonment. To avoid such ...

Customers can use the PPS facility by providing the cheque details through the branch office, online banking for individuals and businesses, Mobile Banking (PNB ONE), or SMS Banking. The details to be ...