Tuesday, June 17, 2014

Know your CTS Cheque


As per RBI Guidelines on 'Standardisation and Enhancement of Security Features in Cheque Forms' banks have been advised to issue only 'CTS 2010 Standard' cheques to their account holders. 

Reserve bank of India standardize and increase the security features of the cheque book. This is called CTS 2010Standard Cheques. This include quality of paper, ink, bank logo and pantograph etc. If the cheques you currently hold have the following features, they will be valid after the given date.
As per the circular dated 14.12.2012 received from RBI, the CTS 2010 standard Cheques will now be mandatory from 01.04.2013 

   
  How to identify a CTS '2010' compliant cheque ?
1. Bank’s logo printed with invisible ink
2. Void pantograph
3. Cheque printer details/CTS- 2010
4. Rupee symbol
5. Signature Space Indicator


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