Tag

Cheques

4 articles

Cheque

The salient features of the Cheque Truncation System (CTS)

Salient features of the Cheque Truncation System: Truncation is the process of stopping the flow of the physical cheque issued by a drawer to the

Raju · Jun 10, 2024

Cheque

Crossing of Cheque: Meaning of Cross Cheque, Types of Crossing

Crossing of Cheque: The open cheques are presented by the payee to banker on whom they are drawn and are…

Raju · Jun 7, 2024

Bank Account

Truncated Cheques: Meaning, Benefits for Banks & Customers

Truncated Cheques: The current system of cheque clearing is paper based, involves the physical exchange of cheques. This movement has…

Raju · May 23, 2024

Cheque

Types of Cheques: Check various types of cheques 2025

Types of Cheques: A cheque is a document that orders a payment of money from a bank account. The person writing…

Raju · May 22, 2024

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