Mumbai: Cheques will have more security features like water marks and invisible logo with the Reserve Bank of India (RBI) deciding to ask banks to take additional measures to prevent forgeries and ...

The Reserve Bank of India (RBI) today announced that it plans to introduce a mechanism called 'Positive Pay' in order to enhance safety features of cheques of value ₹50,000 and above. The announcement ...

After having established the T+0 (same day) clearing mechanism for cheques issued within the UAE, banks are now required to switch to a more secured cheque regime with 14 new features by January 1.

Starting this year, the Reserve bank of India has introduced the ‘Positive Pay System’ for transactions through cheques above the sum of Rs 50,000. The changes have been done to increase safety and ...

KARACHI: The State Bank on Monday issued fresh instructions for enhancing security features in cheques while it amended some previous guidelines. “For paper security, banks are required to ensure that ...

In order to mitigate risk of fraud, State Bank of Pakistan has decided to prescribe additional security features for cheques provided by banks to their account holders. Previously in 2003, banks were ...

Cheques will have more security features like water marks and invisible logo with the Reserve Bank of India (RBI) deciding to ask banks to take additional measures to prevent forgeries and frauds.

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