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Thursday, December 27, 2012

Implementation of Cheque Truncation System, CTS-2010 to POSB account holders.

Copy of C O letter No:   Tech/20-23/2001(Ch-I), Dated  27.12.2012
Kindly refer to this office letter of even no dated 14-12-2012 on the above subject emailed on 14-12-2012 at 4.25 PM. The RBI vide its letter no. RBI/2012-13/335 DPSS.CO.CHD.No.955/04.07.05/2012-13 dated 14-12-2012 has decided to extend the time up to 31-03-2013 to ensure withdrawal of non-CTS 2010 Standard cheques. This may be brought to the notice of all concerned.

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