In a move to protect customers from large value cheque frauds, Punjab National Bank (PNB) on Monday announced that it has made Positive Pay System (PPS) mandatory for the cheque of Rs 10 lakhs and ...

In a move to protect the bank customers against large value cheque frauds, Punjab National Bank (PNB) to make Positive Pay System (PPS) mandatory for the cheque of Rs 10 lakhs and above from April ...

Mumbai: Punjab National Bank (PNB) today signed an agreement with NCR Corporation India Pvt. Ltd. For the first image based cheque clearing system in India. This will provide clearance of ...

PNB customers need to share details like account number, cheque number, cheque alpha code, issue date, amount, beneficiary name. These details are to be shared with the bank at least 24 working ...

Punjab National Bank (PNB) implemented the Positive Pay Confirmation from April 4, 2022, under the PPS framework mandatory for cheques of Rs 10 lakh and above.

Earlier, PNB had said that existing cheque books of Oriental Bank of Commerce and United Bank of India will be no longer treated as valid from April 1 -- the day new financial year begins.

At PNB, a customer depositing a cheque for local collection in the late hours — up to 5:00pm — will be able to use its proceeds next day at 2:00pm, once the return session is over.

In a move to protect the bank customers against large value cheque frauds, Punjab National Bank (PNB) announced to make Positive Pay System (PPS) mandatory from April 4, 2022.

Punjab National Bank (PNB) has asked its customers to get their non-CTS compliant cheques replaced as these instruments will not be accepted for clearance in the banking system from January. Non ...

LUCKNOW: With the Punjab National Bank (PNB) gone hi-tech these days, clearance of cheques has gone down by one day as compared to earlier.

New Delhi [India], April 4 (ANI): In a move to protect customers from large value cheque frauds, Punjab National Bank (PNB) on Monday announced that it has made Positive Pay System (PPS) mandatory ...

In a move to protect the bank customers against large value cheque frauds, Punjab National Bank (PNB) to make Positive Pay System (PPS) mandatory for the cheque of Rs.10 Lacs & above from April 4 ...