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 ...
New Delhi, August 20, 2025: In a major relief for millions of bank customers, the Reserve Bank of India (RBI) has announced a significant reform in the cheque clearing system. Starting October 4, 2025 ...
The new system was part of the RBI’s broader effort to modernise cheque-based transactions and reduce settlement delays for customers. Once fully implemented, it was expected to allow cheques to be ...
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