Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. A canceled cheque can be of a greater ...

Nikhil is the Co-founder of Qryptal which is focused on solving the everyday problem of document fraud and verification. He is a serial entrepreneur with a passion for creating products and services ...

The roll-out of a cheque imaging system in the UK is reducing cheque clearing times from six working days to just one. Not-for-profit industry membership body the Cheque and Credit Clearing Company (C ...

Writing cheques seems like a hassle. How long is it likely before this practice disappears entirely? Personal cheques have been a staple of the American financial landscape. They're easy to drop in ...

There has been a spate of ads and announcements over the last 3-4 weeks by banks in India about the introduction of the new Cheque Truncation System, CTS-2010, from the new year. For the uninitiated, ...

As scams grow more sophisticated, at least you have one less thing to worry about—cheque fraud. The Reserve Bank of India (RBI) implemented the Positive Pay System (PPS) back in 2021, which has ...

India's cheque clearing system is set for a major overhaul from October 4, transitioning to a continuous, near real-time process. This significant change will drastically reduce fund transfer times ...

A certified cheque is a guaranteed form of payment, which means there’s no chance of insufficient funds when the cheque is cashed. Certified cheques are purchased for a fee. Many or all of the ...

Bank Cheque Bounce: In today's era, there has been a huge change in the methods of transaction. Most payments are now online, and cash transactions have reduced considerably. Despite being in a ...

Could you be missing out on your own money? According to the Canada Revenue Agency (CRA), the agency is still waiting for Canadians to claim millions of cheques. In an email statement, the CRA stated ...