Understanding Cheque Truncation System in Banking

🏦📄 Cheque Clearing System – Banking Made Easy! Cheque deposit karne ke baad paisa account me kaise aata hai? 🤔 Is reel me samjhiye Cheque Clearing System ka complete process: ✔️ Local & Outstation Clearing ✔️ CTS – Cheque Truncation System ✔️ Clearing Time & Practical Points Agar aap Banking, Accounting, Tally, GST ya Income Tax seekhna chahte hain, to KS NEXTGEN ACADEMY LLP aapka right learning partner hai ✅ 📍 Begu Road, Sirsa–125055 (Haryana) 📞 Contact: 9466697733 🎓 Students | Commerce L

What is the Positive Pay System for cheque transactions? | Explained

🏦Read Caption: The Cheque Truncation System (CTS) from batch processing to a continuous, near real-time model called "Continuous Clearing and Settlement on Realisation" to speed up cheque clearance, with Phase 1 starting October 4, 2025, and full implementation by January 3, 2026. This new system significantly reduces the time for funds to become available from days to a few hours, with settlements occurring hourly after the initial scanning and presentation. Banks process cheques continuously

88 reactions · 12 shares | “Stay updated on India’s banking!‼️❌ RBI’s new cheque clearing rules explained! Know how the latest regulations impact you and your transactions. Cheque truncation, digitalisation, and more! Understand the changes for smoother banking. #RBIRules #ChequeClearing #BankingUpdates #FinancialLiteracy #DigitalBanking #IndiaBanking #RBI” | CMA Shabeerali ACMA ACS | Facebook