Request you to make a note that noncts compliant cheques would not be accepted by banks for clearing post 31 july 20. The irish banks issue cheque books to provide a cheap means of. Is your cheque book cts2010 compliant standard chartered india. How to identify my cheque book cts2010 standard compliant.
Jan 12, 20 8 boxes to write the date in ddmmyyy format. If you are still in possession of nonctc cheque books, then it is in your own interest to get those replaced with cts2010 standard cheque books latest by december 31. If these features are present in your cheque book, it is a cts compliant one. Cheque truncation system cts, an online imagebased clearing system for faster clearing of cheques in india. Everything you need to know about cts 2010 cheques banking. Cheque truncation system cts or imagebased clearing system ics, in india, is a project of the reserve bank of india rbi, commenced in 2010, for faster clearing of cheques. Identify whether your existing citibank account cheque book is cts2010 compliant request for a new cheque book, if required also, please note that rbi has advised all banks holding postdated emi cheques to arrange for replacement of noncts2010 standard cheques with cts2010 standard cheques. Customers are requested to ensure that in case of post dated cheques pdc issued to any officeservice vendorbanks from the dbs india cheque book issued as. Can you please mail me a scanned copy of the latest cheque leaf that is compliant with cts 2010. Sir, i recently requested a replacement nct certificate from the national car. Cts 2010 compliant cheques latest breaking news, pictures, videos, and special reports from the economic times. Bank customers do not need to discard their noncts 2010 standard cheque books in a hurry to get their multicity cts2010 standard cheque leafs. The branch address should be printed on the left side top corner.
You can continue to use the same and there is no further action required. To help you identify whether the cheque book you currently hold is cts compliant or not, you can look for the following features. A copy of cheque, cts2010 compliant may please be used in explaining the requirements to be filled for the cheque leaves that can be used for transaction from january 01, 20 onwards. Watch the demo video to know why the new cts system speeds up cheque clearing times for you, and how to identify a cts compliant cheque. Your old cheque leaves may not be valid after march 31, 20, as the rbi has instructed all banks to implement the cheque truncation system.
Emirates world earn miles with every swipe and see the world sooner. Words cts2010 printed on the left hand side of the cheque leaf near perforation. Everything you need to know about cts 2010 cheques. If your car fails the test, you must book a retest within 21 days and the. Still using nonctc compliant cheques for making payments and havent got your old cheque books replaced with the cts2010 standard. We would like to inform you that we have been issuing cts2010 compliant cheque books since. Yatra platinum credit card a card thats perfect for frequent travelers. As per rbi guidelines, noncts2010 standard compliant cheques will be accepted for clearing up to july 31, 20.
In line with this, banks have been asking their customers to contact their nearest branch to collect the new cts2010compliant cheque books. Everything you need to know about cts 2010 cheques banking basics hdfc bank. The ncts has a complete checklist of what to check before your. Change the way you pay your credit and debit card instore,within mobile apps or online. Information on making a complaint or an appeal is available on the nct website. Starting 1 august 20 only cts2010 compliant cheques would be accepted for.