Mumbai: The RBI will introduce a new mechanism from October 4 for clearance of cheques within hours of being presented to banks, reducing the current time period of up to two working days. Cheques ...

The National Payments Corporation of India (NPCI) on Thursday said that some teething issues persist in the continuous cheque clearing system. On October 4, 2025, the Reserve Bank of India introduced ...

With market research confirming that consumer understanding of the cheque clearing process is still very low, the Cheque and Credit Clearing Company (C&CCC), has today (27 November 2009) launched an ...

Commercial banks are set to migrate to a single day cheque clearing cycle, starting from Monday (August 19th), marking a landmark achievement in the history of banking in the country.

Tomorrow marks the dawn of a new era as the banking industry changes how cheques are processed and cleared. From Wednesday, Kenyan banks will electronically process and clear cheques, removing the ...

Barclays is set to be the first bank in the UK to pilot technology that will allows businesses and consumers to deposit cheques via their smartphones, reducing the time it takes for cash to clear.