Technology’s expanding reach in the corporate world means chief information officers are taking a bigger role in developing strategies and customer services, while still keeping underlying ...

Inward clearing is for the bank that issues the cheque. Outward clearing:Outward clearing is for the bank in whose name the cheque has been issued.

Outward Returning Charges: Rs 200 per instrument, regardless of the amount. Outstation Returning Charges (Inward/Outward): Rs 200 per instrument, regardless of the amount, plus out-of-pocket expenses.

For outstation returns (both inward and outward), the charge is Rs 200 per instrument plus any out-of-pocket expenses, regardless of the cheque amount.

The motorized rooms can each be turned 90 degrees to make them outward- or inward-facing according to the weather.

UAE banks are advising customers to complete the ‘Know Your Customer’ (KYC) requirement with those failing could find their cheque clearance facilities being blocked. An internal circular ...

The Central Bank of Nigeria (CBN)’s move to reduce the settlement cycle of a cheque in Nigeria to one day, also known as cheque truncation system, has now taken off across the country.

UAE banks are advising customers to complete the ‘Know Your Customer’ (KYC) requirement with those failing could find their cheque clearance facilities being blocked. An internal circular ...