Explore the Cheque-In Facility, a pivotal innovation in banking technology that assists in cheque processing by encoding amounts in machine-readable form, thereby optimizing the banking operations and potentially reducing bank charges. Learn how this technology benefits banks and businesses alike.
Explore why cheques are dishonoured with 'Refer to Drawer', including common reasons and what it implies for both the drawer and the recipient.
Explore the concept of a stale cheque, why banks refuse them, and how to manage old cheques effectively to avoid financial hiccups.
