Smart and Easy Cheque Printing Software
Here are five transactions that need you bank account details: 1. In order to enable direct transfer, it is now mandatory to provide bank details in several transactions with brokers,mutual funds, tax authorities and others. 2. A blank cheque is required to be attached to the documents, to ensure that the account details are correct and the […]
The Reserve Bank has asked banks to exercise caution before making payments to customers claiming funds lying idle in inoperative accounts. “Banks are advised to invariably verify the genuineness of the transactions and ensure that the amounts paid to the customers are properly audited by the internal auditors / statutory auditors,” RBI said in a […]
To clamp down on cheque-related fraud cases, the Reserve Bank of India (RBI) on Wednesday asked banks to alert account holders by a phone call and contact the base branch in case of non-home cheques before clearing high value payments. The RBI also asked banks to send an SMS alert to payer/drawer when cheques are […]