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 ...

Tamil Nadu RERA introduces a vital three-bank-account rule for real estate projects starting January 1, 2026. This system ...

As personal loans become increasingly accessible in the country, many borrowers are often found questioning the importance and necessity of providing a blank cheque during the submission of loan ...

The Central Bank of Nigeria has issued new guidelines on the treatment of dud cheques, introducing tougher sanctions for account holders who issue cheques that bounce due to insufficient funds. With ...

Sprinkled throughout Tuesday’s budget and its digital-only annexes are several measures that could impact the lives of many Canadians. Here are five of the most interesting. In recent years, many ...

The Bank of Ghana (BoG) has announced a revised and stricter sanctioning regime to curb the issuance of dud cheques, mandating strict compliance from all banks and Specialised Deposit- Taking ...

The Bank of Ghana has introduced a tougher set of penalties aimed at curbing the persistent issue of dud cheques. These cheques mostly bounce back due to insufficient funds. Despite having an existing ...

Businessmen and individual customers of banks continue to face delays in cheque-clearance even 10 days after the introduction of the same-day cheque clearance facility introduced by the Reserve Bank ...