A returned cheque is a cheque that the bank does not honour. The cheque will be returned to the bank that submitted the cheque for payment (typically the recipients or payee’s bank). If you are the ...

The Office of the Financial Services Ombudsman (OFSO) provides a FREE mediation service for members of the public who may have disputes with their bank, non-bank or insurance company. What is a cheque ...

Received a cheque? Seven elements you should double check before accepting it An easy to follow checklist to write and receive cheques to avoid financial hassles. Picture used for illustrative ...

Like it or not, many don’t write cheques properly. It is not just filling in the details, but how you actually fill the details on the cheque that matters, according to a report by www.firstpost. This ...

The Indian financial landscape has a variety of payment and fund transfer modes now—from cash, to debit and credit cards to mobile apps like Paytm—but for most of us, cheques remain an integral part ...

On June 22 last year, the Reserve Bank informed banks that from December 1, 2010, all cheques cleared under the image-based cheque truncation system (CTS) should be free of any alteration, correction ...