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PNB makes Positive Pay System mandatory for cheque payments worth Rs 5 Lakh & above

NL Corresspondent Jammu Tawi: In a move to safeguard customers from fraudulent payment of cheques, Punjab National Bank, nation’s leading public sector bank, made Positive Pay System (PPS) compulsory for cheque payments worth Rs. 5 Lakh and above. This will come into effect from 05.04.23. The PPS is a system developed by the National ....

Jammu Tawi , India General , Punjab National Bank , National Payments Corporation Of India , Positive Pay System , National Payments Corporation , Online Banking , Mobile Banking , Reserve Bank ,

Punjab National Bank makes Positive Pay System mandatory for cheque payments worth Rs 5 Lakh & above

Punjab National Bank, nation s leading public sector bank, made Positive Pay System compulsory for cheque payments worth Rs. 5 Lakh and above. This will come into effect from 05.04.23. ....

Punjab National Bank , National Payments Corporation Of India , Positive Pay System , National Payments Corporation , Online Banking , Mobile Banking , Reserve Bank ,