Foreign items are financial checks or drafts drawn on a different institution than where they are deposited. Learn about ...

Discover the Financial Services Roundtable's role, key activities, and its merger into The Clearing House for a deeper ...

The official spokesperson for the Sudanese Banks Union, Ahmed Abdel-Rahman Al-Houri, announced that the Central Bank of Sudan ...

Follow ZDNET: Add us as a preferred source on Google. Can you believe that the first Roku device launched 17 years ago? It was initially developed in partnership with Netflix to stream its "Watch ...

A power outage at the Bangladesh Bank yesterday disrupted clearing operations across the banking sector, forcing the suspension of cheque settlements and electronic fund transfers for the day. The ...

The National Payments Corporation of India (NPCI) has addressed significant delays in its new continuous cheque clearing system introduced on October 4, 2025. While improvements have been made, some ...

Even after the Reserve Bank of India (RBI) introduced its new cheque clearing system on October 4, promising settlements within two hours, customers in Ahmedabad are still facing delays of four to ...

Depositing a cheque no longer means waiting 1–2 days for the money to arrive. From October 4, 2025, the Reserve Bank of India (RBI) has introduced a Fast Cheque Clearance System, ensuring that cheques ...

New Delhi: Private banks, including HDFC Bank and ICICI Bank, have informed that they will start same-day cheque clearance from October 4, following the Reserve Bank of India's (RBI) updated ...

From October 4, 2025, India’s cheque clearing system will become much faster, moving from a batch-based process to continuous clearing and settlement on realisation. This change means that funds from ...