ICICI Bank said that its latest move will ensure quicker fund availability, greater convenience, and reduced delays. ICICI ...
ICICI Bank Update: ICICI Bank has announced a major change for its customers to ease the hassle related to cheque clearing ...
HDFC Bank will implement same-day cheque clearance from October 4, 2025, aligning with RBI's new guidelines for quick settlement. Cheques will clear within hours, requiring customers to maintain ...
ICICI Bank announces same-day cheque clearing starting October 4, 2025, enhancing convenience and security in line with RBI ...
India’s largest private lender has informed its customers that from October 4, 2025, cheques will be cleared within hours.
Cheque volumes in the UK may have dropped from four billion in 1990 to 644 million in 2014, however the introduction of the Future Clearing Model will modernise the payment method, with banks using ...
ST. LOUIS--(BUSINESS WIRE)--Once again, the Aperta Automated Clearinghouse (ACH) solutions have provided the mechanism for a country to leapfrog technology from manual cheque clearing and settlement ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. PACS is a comprehensive payment solution that incorporates the clearing ...
RBI's new rule to expedite cheque clearing in banks. (Image: PTI) The Reserve Bank of India (RBI) has decided to put in place a new system to clear cheques, reducing the clearing time from 2-3 days to ...
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 ...