From April 4, 2023, Punjab National Bank (PNB) will implement the Positive Pay System (PPS) for cheque payments above Rs 5 lakh. High-value checks of Rs. 5 lakh and above would be cleared utilising the PPS under the new system after being reconfirmed with the cheque's issuer.from Personal Finance News-Wealth-Economic Times https://ift.tt/wPA7rH6
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