If you’ve deposited a cheque in the bank and frequently had to wait for the money to arrive – possibly even up to two days – here is some great news for you. This wait has always been an inconvenience ...

RBI implements same-day cheque clearance from October 4. From October 4, banks will be clearing cheques the same day, as required by the Reserve Bank of India's updated settlement framework that aims ...

In fact, the Reserve Bank is implementing cheque clearance in two phases. The first phase, which began on October 4th, will allow cheques deposited in the morning to be cleared within a single day.

Its legacy, however, endures. The cheque taught generations of bankers and customers alike the value of written trust and ...

MUMBAI: The new cheque clearing system of the RBI with nationwide uniformity and much shorter time lag allowing credit/debit into/from an account within a few hours, is kicking in from today, October ...

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 ...

RBI's new rule to expedite cheque clearing in banks. (Image: PTI) The Reserve Bank of India (RBI) has decided to put in place a new system to clear cheques, reducing the clearing time from 2-3 days to ...

ST. LOUIS--(BUSINESS WIRE)--Once again, the Aperta Automated Clearinghouse (ACH) solutions have provided the mechanism for a country to leapfrog technology from manual cheque clearing and settlement ...

So the venerable old cheque has been singled out and "tapped" for termination - in the UK at least. Of course, in the new world of electronic payments and instantaneous communications, the demise of ...

Altering a cheque to frame the Premier or Works Minister would have been practically impossible at the Bank of Bermuda or its cheque-clearing company, sources familiar with Bermuda's banking system ...