BOB Bank Alert: new rules for cheque transaction

As per the RBI directive, Positive Pay(CPPS) System will be mandatory wef 01.08.2022 for cheques issued for Rs 5 lakh & above. Such cheques will be rejected wef 01.08.2022 if Positive Pay confirmation is not provided. For details, call 18002584455/ visit -Bank of Baroda

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