I'm a freelance financial journalist and a regular contributor to U.S. News and CreditCards.com. I've written for Life + Money by Citi, Bankrate and The Balance, among others. You can find me on ...
Hannah Logan is a Canadian freelancer writer and blogger who specializes in personal finance and travel. You can follow her adventures on her travel blog EatSleepBreatheTravel.com or find her on ...
RBI clarified how cheque truncation and continuous clearing speed up settlements by using electronic images instead of physical cheques. The FAQs outline timelines, safeguards, and customer ...
Mumbai: You need to see just one harried trader making his daily trip to the bank, asking whether that outstation cheque has been honoured or not, to realise how long inter-city cheque clearances take ...
The RBI Governor Shaktikanta Das proposed to transition CTS from the current approach of batch processing to continuous clearing. Soon, the cheques you deposit with your bank branches will be cleared ...
MUMBAI: The new cheque clearing system of the RBI with nationwide uniformity and much shorter time lag allowing credit/debit into/from an account within a few hours, is kicking in from today, October ...
Same Day Cheque Clearing Rule: Aligning with the Reserve Bank of India’s (RBI) new guidelines on quick clearing and settlement of cheques, HDFC Bank has announced that starting October 4, 2025, ...
A void cheque is one that has been rendered invalid by writing "VOID" across it. Voided cheques are often used to transmit banking details for the purpose of making an electronic transaction. Many or ...
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