Candice Reeves is a financial writer based out of Nova Scotia. She specializes in personal finance, investing, and cryptocurrency. Her work is featured in leading publications across various ...
Bank Cheque Tips: Cheques are still an important part of the banking system. Be it a business transaction or a personal payment, people still rely on cheques for big transactions. But cheques are a ...
Lissa Anderson was a diplomat with the US State Department for over a decade, having served in Indonesia, Sri Lanka, Iraq and France. Since leaving the State Department, Lissa has lived as an American ...
A certified cheque is a guaranteed form of payment, which means there’s no chance of insufficient funds when the cheque is cashed. Certified cheques are purchased for a fee. Many or all of the ...
In CTS, banks use scanned copies of cheques for settlement instead of the physical copy making the clearing process partially electronic Clearing of bank cheques is set to become faster. In its sixth ...
The RBI’s move to implement a continuous cheque clearing and settlement system has run into early hiccups, leaving bank customers waiting for more than two days for their cheques to be cleared, ...