Explained: New rule for cheque payments from Jan 1

The ‘positive pay system’ for cheque payments which was approved by the RBI a few months ago will come into effect from January 1, 2021. Here is how it will ensure customer safety and reduce instances of fraud. #Cheque #PositivePay #RBI…

Explained: New rule for cheque payments from Jan 1

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The ‘positive pay system’ for cheque payments which was approved by the RBI a few months ago will come into effect from January 1, 2021. Here is how it will ensure customer safety and reduce instances of fraud.

#Cheque #PositivePay #RBI #ChequePayments #PositivePaySyetem #Bank

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