All posts tagged "PPS"

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  MUST KNOW

  Secure Your Cheque Payments: Know How Positive Pay System Works In Banks

  RBI introduced the Positive Pay System in 2021 to combat the rising cases of cheque fraud. The Reserve Bank of India (RBI)...

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  MUST KNOW

  Your bank may refuse to clear cheques after today: Have you confirmed Positive Pay System (PPS) yet?

  Many banks, from August 1, have made the Positive Pay System (PPS) for cheques issued for ₹5 lakh or more. Beginning August 1,...