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 www.bankofbaroda.in -Bank of Baroda

Leave a Comment

Your email address will not be published.