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RBI's New Cheque Clearing System: What does this mean for customers?; Process, rules, guidelines | EXPLAINED

RBI's New Cheque Clearing System: Starting today, October 4, 2025, India's cheque clearing system is getting a major upgrade. The Reserve Bank of India (RBI) is replacing the traditional batch-based ...
Finextra

Future Cheque Clearing Model Places Emphasis on Speed and Innovation

Cheque volumes in the UK may have dropped from four billion in 1990 to 644 million in 2014, however the introduction of the Future Clearing Model will modernise the payment method, with banks using ...
standardmedia.co.ke

New dawn as cheque truncation takes effect

Tomorrow marks the dawn of a new era as the banking industry changes how cheques are processed and cleared. From Wednesday, Kenyan banks will electronically process and clear cheques, removing the ...
Mena FN

RBI Gives Banks More Time To Roll Out Quicker Cheque Clearance In Phase 2

(MENAFN- IANS) Mumbai, Dec 24 (IANS) The Reserve Bank of India (RBI) announced on Wednesday that it has postponed the implementation of Phase 2 of the faster cheque clearance framework by banks, which ...