A certified cheque is a guaranteed form of payment, which means there’s no chance of insufficient funds when the cheque is cashed. Certified cheques are purchased for a fee. Many or all of the ...

Discover how CHIPS facilitates the clearing and settlement of large-value domestic and international transactions efficiently ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. A canceled cheque can be of a greater ...

Candice Reeves is a financial writer based out of Nova Scotia. She specializes in personal finance, investing, and cryptocurrency. Her work is featured in leading publications across various ...

India's cheque clearing system is set for a major overhaul from October 4, transitioning to a continuous, near real-time process. This significant cha ...

RBI implements same-day cheque clearance from October 4. From October 4, banks will be clearing cheques the same day, as required by the Reserve Bank of India's updated settlement framework that aims ...

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 ...