Monday, 12 November 2012

Following regulations : Standardisation and Enhancement of Security Features in Cheque Forms-Migrating to CTS 2010 standards

IMP-ost : 12th Nov, 2012

www.i-securesolutions.in : Following regulations

Standardisation and Enhancement of Security Features in Cheque Forms-Migrating to CTS 2010 standards

The CTS 2010 standard has directed all banks to issue only multi-city / payable at par CTS-2010 standard cheques.


It has also directed all banks to withdraw the non-CTS-2010 Standard cheques in circulation before December 31, 2012.

To identify a CTS-2010 compliant cheque, please check if the letters "CTS-2010" have been printed vertically on the left side of the cheque leaf.

For more information read circular at:
http://www.rbi.org.in/scripts/NotificationUser.aspx?Id=7542&Mode=0

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