ChequeMan Blog

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Checklist: Moving to CTS – 2010 compliant Cheques – rbi

Following are the points to be remembered while shifting to the Cheque Truncation System:

  • One should be using CTS – 2010 compliant cheques issued by bank from 1st April 2013.
  • Use of DARK colored ink to write or print on cheques.
  • Cheques drawn should be written or printed clearly and should be legible so that on scanning, the image can be read clearly.
  • No overwriting or cancelling on the cheques is allowed.
  • All post dated cheques that have been issued should be cancelled and reissued in CTS 2010 compliant cheque format.
  • All the old cheques issued in non CTS compliant cheques should be cleared before 1st April 2013.