Updated Feb 09, 2021 | 05:59 IST About 18,000 bank branches are still outside any formal clearing arrangement, the RBI said in its statement on Development and Regulatory Policies Cheque clearing process to get faster from September | Photo Credit: BCCL New Delhi: To expedite the process of clearance of cheques, the RBI has proposed bringing all bank branches across the country under the Cheque Truncation System (CTS) from September 2021. "In order to bring operational efficiency in paper-based clearing and make the process of collection and settlement of cheques faster resulting in better customer service, it is proposed to bring all such branches under the CTS clearing mechanism by September 2021. Separate operational guidelines will be issued in a month’s time," the apex bank said.