Candice Reeves is a financial writer based out of Nova Scotia. She specializes in personal finance, investing, and cryptocurrency. Her work is featured in leading publications across various ...
A certified cheque is a guaranteed form of payment, which means there’s no chance of insufficient funds when the cheque is cashed. Certified cheques are purchased for a fee. Many or all of the ...
The newly redefined and standardised cheque for the banking system has taken off. The new cheque rule took effect on January 1, 2021. The Central Bank of Nigeria (CBN) had approved a cheque standard ...
In CTS, banks use scanned copies of cheques for settlement instead of the physical copy making the clearing process partially electronic Clearing of bank cheques is set to become faster. In its sixth ...
Pioneering digital and financial innovations in the local market, Commercial Bank has proudly launched the ‘Digital Cheque Deposit’ service, an innovation that allows customers to process Commercial ...