Cts 2010 Check Book :: child-injury-law.com
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Is your cheque book CTS-2010 standard.

Is your cheque book CTS-2010 compliant? Dec 05, 2012 Author: PersonalFN Content & Research Team. We are in the month of December already, and we are quite sure that many of you would be jotting down your "to-do list" for the next calendar year. cts-2010 standard cheque book Your Non CTS cheques will be valid upto 31 Jul 2013 against earlier deadline of 31 Mar 2013. It means an extension of 4 months. See RBI Circular in this regard. Update: RBI has extended the mandatory implementation of CTS-2010 based cheque system by 3 months and old cheques will be valid till 31 Mar 2013. 19/04/2013 · Reserve Bank of India has issued guidelines on standardisation and enhancement of security features for cheque leaves referred to as CTS-2010. These features are aimed at enhancing customer safety and facilitating easier processing of cheques. RBI has advised all. by. Rajesh Goyal. What is Cheque Truncation System or CTS 2010: The full form of CTS is Cheque Truncation System. RBI has decided to launch this system and all banks across India are required to follow RBI guidelines in this regard. "CTS-2010 Standard" for Cheque Forms – Specifications Department of Payment & Settlement Systems, Reserve Bank of India, Central Office Page -- 3 -- of 4 2. Desirable features 2.1 In addition to the mandatory security features as above, banks can consider including.

Is my Cheque CTS Compliant? - Simple method to identify CTS compliant cheques 1. The Branch address and IFSC code should be on the top left side of the cheque 2. The word “CTS-2010” must be printed on the left hand side of the cheque near perforation. Check your current Cheque book – Is it valid new CTS ? Check your current Cheque book – Is it valid new CTS ? On January 15, 2014 April 23, 2014 By wealth18. Last updated: 23rd April, 2014. CTS 2010 standards will be cleared thrice a week only, until 30 April.

Cheque Truncation System in India: Everything You Need to Know. Cheque Truncation System, abbreviated as CTS, is nothing but an electronic verification procedure using image-based processing. This system is followed for clearing cheques in an error-free, fast and hassle-free manner. Cheque Truncation System CTS or Image-based Clearing System ICS, in India, is a project of the Reserve Bank of India RBI, commenced in 2010, for faster clearing of cheques. CTS is based on a cheque truncation or online image-based cheque clearing system where cheque images and magnetic ink character recognition MICR data are captured at.

21/09/2016 · It is now mandatory for banks to strictly issue standardised and enhanced new format of cheques called CTS-2010. Which will be available from 30th Sept 2012. Also already circulated cheques will be replaced within 31st December 2012. So it is necessary for all to understand how your new cheque format looks like. RBI guidelines on standardization of security features for cheque leaves, referred to as CTS-2010 are aimed at enhancing customer safety and facilitating easier processing of cheques. As per guidelines, non CTS-2010 cheques issued by bank in India will be withdrawn from circulation by March 31, 2013.

Cheque Truncation System - CTS 2010.

To help you identify whether the cheque book you currently hold is CTS compliant or not, you can look for the following features. If these features are present in your cheque book, it is a CTS compliant one. Words 'CTS-2010' printed on the left hand side of the cheque leaf near perforation.

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