Questions are emerging over the efficiency of the much touted cheque truncation system. It had been expected that with the new system in place, bank customers countywide would enjoy shorter cheque ...
RBI postpones cheque clearance rule: The Reserve Bank of India (RBI) has postponed Phase 2 of its check clearance expediting scheme. The scheme was scheduled to begin on January 3, 2026. Under this ...
THE Central Bank of Nigeria (CBN) will on September 4 begin same-day value for cheque transaction. The cheque clearing system, CBN Director, Banking and Payment System, ‘Dipo Fatokun, explained, will ...
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