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Is Positive Pay Mandatory?

January 24, 2024 by Charlene Dyck

Is Positive Pay Mandatory? The RBI had provided instructions regarding the Positive Pay System and asked the lenders to launch the mechanism on January 1. It has made it mandatory for the banks that customers must be informed about the procedure. Is PPS mandatory? Is it mandatory to provide the details to Drawee Bank under

What Are The 5 Parts Of A Check?

January 24, 2024 by Ahmed Ali

What Are The 5 Parts Of A Check? Your information. … Check number. … The date. … The recipient’s name. … The payment amount. … Memo line. … Bank name. … Signature. What goes on each part of a check? Most information, such as your name and address, the check number, and the routing and