All posts tagged "cheque"
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24MUST KNOWWhat Is Positive Pay System In SBI, PNB And Other Banks? Know How It Protects Cheque Frauds
Positive Pay System: RBI introduced the facility in 2021 to combat the rising cases of cheque fraud. Positive Pay System: Worried about cheque...
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110MUST KNOWCross Cheque: What Is The Meaning Of The 2 Lines In The Corner Of A Cheque?
Nearly everyone banks, but not many people use cheques. Among them, many don’t know about the different types of cheques. Read More: How...
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251NEWSApple founder Steve Job never signed an autograph, but his signed cheque for Rs 333 is now worth Rs 20 lakh
Apple founder Steve Jobs was known for rarely giving autographs to anyone. And this rarity of acquiring Jobs’s signature has driven up...
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385MUST KNOW5 ways to protect yourself from cheque fraud
Protecting yourself from cheque fraud is essential to safeguard your hard-earned money and personal information. These days financial frauds are on the...
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372MUST KNOWSBI Positive Pay System: Here’s How The Bank Protects Your Cheque From Frauds
SBI Positive Pay System involves re-confirming of key details of the cheque by drawer to the Bank. SBI Positive Pay System: Preventing check...
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885MUST KNOW
Cheque Bounce: Reasons, Consequences And What To Do Next
A bounced cheque is one of the most prevalent offences affecting the financial industry. A cheque is said to have bounced when...
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457MUST KNOWPNB makes Positive Pay System mandatory for cheque payments worth Rs 5 lakh and above
In a move to safeguard customers from fraudulent payment of cheques, state-owned Punjab National Bank (PNB) has made the Positive Pay System...
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222MUST KNOWTHIS SBI FD lets customers withdraw funds via ATM or cheque anytime, no penalty –Check how
New Delhi: Fixed deposit scheme offered by banks are one of the safest investment options that are suitable for people with low...
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803MUST KNOWWhen SBI misread Kannada numeral on cheque – Here is what happened next
The SBI branch in Haliyal wrongly identified the Kannada numeral nine as six and, therefore, dishonoured the cheque. The numeral nine indicated...
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377BUSINESSYour Cheque, Your Responsibility, Even If Someone Else Fills Details, Observes Supreme Court
The Supreme Court has observed that a cheque drawer is liable even when another person fills in the details. The observation of a...
