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RBI's New Cheque Clearing System: What does this mean for customers?; Process, rules, guidelines | EXPLAINED

RBI's New Cheque Clearing System: Starting today, October 4, 2025, India's cheque clearing system is getting a major upgrade. The Reserve Bank of India (RBI) is replacing the traditional batch-based ...
Finextra

Future Cheque Clearing Model Places Emphasis on Speed and Innovation

Cheque volumes in the UK may have dropped from four billion in 1990 to 644 million in 2014, however the introduction of the Future Clearing Model will modernise the payment method, with banks using ...
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RBI Introduces Real-Time Cheque Clearing: Money to Reflect Same Day from October 4

New Delhi, August 20, 2025: In a major relief for millions of bank customers, the Reserve Bank of India (RBI) has announced a significant reform in the cheque clearing system. Starting October 4, 2025 ...
The New Indian Express

RBI indefinitely postpones Jan 3 rollout of faster cheque clearance Phase 2

MUMBAI: The Reserve Bank (RBI) has deferred the rollout of the phase 2 of its faster cheque clearance framework, which was scheduled to be effect January 3, 2026, under which banks were to ...
standardmedia.co.ke

Banks bungle new cheque clearing system

Questions are emerging over the efficiency of the much touted cheque truncation system. It had been expected that with the new system in place, bank customers countywide would enjoy shorter cheque ...