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Showing posts with label CTS. Show all posts
Showing posts with label CTS. Show all posts
Saturday, June 17, 2017

Is it time to dump Cheque Truncation System Return Code 55 - Account blocked (situation covered in 21-25)?

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       Of the myriad CTS Return Codes, two return reason codes cause the most distress.  Return Code 55 - Account blocked (situation...
Tuesday, December 30, 2014

R I P Indian MICR Houses

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             The curtains for the Indian MICR Clearing Houses came down in October 2014. The last of   our country’s 66 MICR Houses was mi...
Saturday, June 28, 2014

July 01, 2014 – India’s Cheque Truncation System open as usual

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            As Reserve Bank of India’s accounting year is July to June, every July 1, Reserve Bank of India remains closed for public tr...
Wednesday, May 23, 2012

Cheque Truncation System in India - slowly spreading its wings

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The benefits of CTS are not yet visible to the general public. Once the Southern Grid is fully operationalized, the change will ...
Sunday, September 26, 2010

Cheque Truncation System – 2010 – (CTS 2010) Guidance Note by National Payments Corporation of India (NPCI)

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Cheque Truncation System – 2010 – (CTS 2010) Guidance Note by National Payments Corporation of India (NPCI) As the deadline for CTS-20...
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Monday, May 3, 2010

CTS – Process Flow for PDC’s (Post Dated Cheques)

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CTS – Process Flow for PDC’s (Post Dated Cheques) PDC’s are an integral part of the Indian Banking system. It is observed in spite of ECS (...
Thursday, April 22, 2010

ayment and Settlement Systems - Vision 2009-12 Part 2

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Payment and Settlement Systems - Vision 2009-12 Annual Policy Statement for the Year 2010-11 Part 2 I wish I had the time, to analyze the...
Tuesday, March 9, 2010

Cheque Truncation System – Infinet Membership

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Cheque Truncation System – Infinet Membership. Why is INFINET membership required for Banks to be part of CTS Grid? One of the importa...
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