All corporate cheques will be eliminated by end-2025 while individuals will still be able to use cheques for a period after 2025, MAS announced on Friday (28 July). (PHOTO: Getty) · payphoto via Getty ...

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Central Bank of Kenya governor Njuguna Ndung’u delivers his remarks as KBA chairman Jeremy Awori (right) looks on during the announcement of T+1 cheque clearing cycle process at CBK’s clearing house ...

Deutsche Bank is creating a platform to automate cheque processing to eliminate a largely paper-based process, which requires human intervention. The bank is creating the platform alongside Indian IT ...

The Central Bank of Nigeria, CBN, said it will commence penalizing Deposit Money Banks, DMBs, whose equipment distort images and data being transmitted during cheque truncation process from November ...

Central bank postpones three hour approval rule to give banks more time as revised cheque presentation and confirmation hours ...

The Reserve Bank of India (RBI) has postponed the implementation of its proposed three-hour cheque clearance rule, offering ...

The Kenya Bankers Association (KBA) said on Thursday that all banks would now credit customers accounts with cheque proceeds after two days in urban areas and after three days for upcountry cheques.

Reserve Bank of India postpones Phase 2 of faster cheque clearance under CCS, revises cheque processing hours. Phase 1 ...

RBI introduced continuous clearance under the Cheque Truncation System (CTS) to make cheque clearing faster and smoother by ...

The cheque-processing company iPSL is set to close seven centres, according to the Unite union. Officials said they had been warned of the plan to end operations at Scottish sites in Edinburgh and ...