What Is Positive Pay System In SBI, PNB And Other Banks? Know How It Protects Cheque Frauds – News18
Last Updated:December 13, 2024, 4:40 PM IST Positive Pay System: RBI introduced the facility in 2021 to combat the rising cases of cheque fraud. Positive Pay System: Customers wishing to enrol in the system must complete a one-time registration for their cheque-operated account. Positive Pay System: Worried about cheque fraud? The Reserve Bank of India…