WebNov 8, 2012 · Step 1: Date: Without a date your cheque will justnot be cleared, period. You will be surprised to know, how many actually forget to write the date, at times the correct date. If you want the cheque to be … WebSep 14, 2015 · 2 Comments. Cheque Truncation System (CTS) is the system in which the flow of physical movement of the cheque will be eliminated in the cheque clearing process. Instead, an electronic image …

CTS cheque clarning department - Facebook

WebStep 1: The branch uses a scanner and processing software to capture the cheque’s data, including details of its MICR band and images. Step 2: The branch sends the cheque image and data to a central processing location or clearing house. At the clearing house, the data is processed and verified. Step 3: The clearing house transmits the data ... Web14 hours ago · CTS is an abbreviation for Cheque Truncation System, it is a system used by banks to clear cheques from other branches without actual transfer of cheques. This … shuichi\\u0027s personality

What is Cheque Truncation System ? - YouTube

WebAug 3, 2007 · Anyhow this kart is the ultimate in thrills for not to much $. 2001 CTS 125 shifter chassis: Cost $8000 new from what Im told for just the rolling chassis. The chassis is hand built in California not mass produced in china. Honda CR 125 engine: Built by Atlanta super karts. This engine is far from stock. WebUnder CTS, it is the virtual cheque or the image of the cheque captured by the presenting bank that moves through various steps in the cheque clearing cycle and the RBI was of the view that... WebIt is argued that, disputed cheque was dishonoured for the reason of " Non CTS cheque", as per the testimony of Bank Manager, examined as DW.4. Accordingly, it is argued that, this complaint based on invalid cheque, is not maintainable under law. 19. It is difficult to accept this line of argument of accused that, the instrument in question was ... shuichi usernames