Faster. Safer. Smarter Cheque Clearing.
Priyadarshani Nagari Sahakari Bank offers the Cheque Truncation System (CTS) facility to ensure quicker and more secure cheque processing for its valued customers.
🏦 What is CTS?
CTS (Cheque Truncation System) is an advanced cheque clearing system where the physical movement of cheques is eliminated. Instead, an electronic image of the cheque is transmitted securely for faster clearing and settlement.
✅ Benefits of CTS Facility
♦ Faster cheque clearance
♦ Reduced processing time
♦ Enhanced security features
♦ Minimizes risk of cheque loss or damage
♦ Environment-friendly (less physical movement of cheques)
🔐 Security Features
♦ Image-based verification
♦ Digital signature authentication
♦ Secure data transmission
♦ Standardized cheque format (CTS-2010 compliant cheques)
📌 Important Information for Customers
♦ Use only CTS-compliant cheque leaves issued by the bank.
♦ Ensure proper signature and correct details while issuing cheques.
♦ Avoid overwriting and ensure clarity to prevent return of cheques.
For more details, please visit your nearest branch.
