Under Positive Pay mechanism, cheques will be processed for payment by the drawee bank based on information passed on by its customer at the time of issuance of the cheque.from Personal Finance News-Wealth-Economic Times https://ift.tt/2DptF3p
Thursday, August 6, 2020
RBI to introduce more security features for cheques via Positive Pay mechanism: Here's how it will work
Under Positive Pay mechanism, cheques will be processed for payment by the drawee bank based on information passed on by its customer at the time of issuance of the cheque.from Personal Finance News-Wealth-Economic Times https://ift.tt/2DptF3p
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