Altering a cheque to frame the Premier or Works Minister would have been practically impossible at the Bank of Bermuda or its cheque-clearing company, sources familiar with Bermuda's banking system ...

The Employment and Labour Relations Court has upheld dismissal of a former assistant manager at Diamond Trust Bank, ruling ...

A cheque kiting scheme generates non-existent revenue and produces questionable account balances by taking advantage of the clearing period for a cheque, known as the ‘float period’. According to the ...

A banking court has indicted a BPS-19 officer of the Finance Division and her husband for allegedly submitting a bogus cheque ...

Mohammad Mamdudur Rashid (MMR): The banking sector in Bangladesh is currently operating in a dynamic and increasingly competitive environment, shaped by evolving customer expectations and a rising ...

In a major reform to the cheque clearing system, the Reserve Bank of India (RBI) will introduce real-time settlement from October 4, 2025, enabling funds to be credited within hours instead of the ...

Banks and non-banking financial companies (NBFCs) may require a blank cheque from the personal loan applicants. The lenders ask for a blank cheque as a security against loan defaults, if any. It is ...

This Sunday 1 April 2007, new procedures come into effect in England, Wales and Northern Ireland which means that banks and financial institutions become the first point of contact for cheque, plastic ...

Banks are increasingly pursuing defaulting borrowers through a parallel legal strategy that critics say amounts to double punishment: seizing assets through loan recovery courts while simultaneously ...