About this document
Positive Pay System Guide by vaibhav.bam81 is a document available to read on EtoBox.
The Positive Pay System requires customers to provide advance confirmation for cheques of Rs. 50,000 and above to ensure smooth processing during CTS clearing. Customers can confirm through various channels including mobile banking, net banking, SMS, and in-branch visits, with mandatory inputs needed for each confirmation. Modifications or deletions of confirmations are not allowed once submitted, and confirmations must be made before 6:00 PM for processing in the next clearing session.
- Author
- vaibhav.bam81
- Language
- EN