Positive Pay System

What is Positive Pay System For Cheque Clearing, Know the Charges ?

Positive Pay System of making payment to high value Cheques in Clearing or The Cheque Truncation System (CTS) –  To further augment customer safety in

Cheque Truncation System

How Does Cheque Truncation System Work ?

CTS or Cheque Truncation System is the automation of clearing process in the bank for faster payment of Cheques. This is the process of stopping