standardmedia.co.ke4y
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 ...
Business Insider India4mon
RBI MPC meet – Cheque clearing time reduced, UPI limit increased for tax payment
The Reserve Bank of India has announced changes to the cheque-clearing process. Cheques will now be cleared on the same day they are presented. The central bank has also enhanced the UPI limit for ...
The Straits Times17d
Two new e-payment methods in mid-2025 as S’pore moves to phase out corporate cheques
Individuals and companies can use the upcoming electronic deferred payment system EDP and EDP+ via the digital ... Corporate cheque payees should therefore present their cheques for clearing ...