RBI clarified how cheque truncation and continuous clearing speed up settlements by using electronic images instead of physical cheques. The FAQs outline timelines, safeguards, and customer ...

Keep the chequebook in a safe and secure place to prevent it from getting lost or stolen. Signing a cheque? It is important to be cautious before doing it due to the legal and financial implications ...

The Central Bank of Nigeria (CBN) has lifted suspension placed on cheque instruments in the Nigerian clearing system. Consequently, cheque instruments will be allowed to pass through the clearing ...

Cheques don't actually expire, but one older than six months old can be considered ‘stale’ Cheques are known to be financial instruments without a strict end date. However, personal cheques do become ...