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 ...

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 ...

RBI Rules: The Reserve Bank of India (RBI) has made the process of clearing bank cheques significantly easier compared to the past. Consequently, customers no longer need to wait in long queues. Bank ...

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 ...

ICICI Bank has announced a big change in its cheque processing to make banking faster and easier for customers. Starting October 4, cheques submitted at any branch will be cleared and credited to ...

Westpac will be the only major bank to continue to issue cheque books to customers. Banks have been phasing out the once popular banking method as it plummets in demand. ANZ announced this week it had ...