Cheque- Clearing

Cheque- Clearing
Benefits
This process, often referred to as the clearing cycle, can occur either through the traditional method of physical cheque movement or via the Cheque Truncation Systme (CTS)
Pre-requisites
1

Insurance-Facility
Benefits
The role of deposit insurance is to stabilize the financial system in the event of bank failures by assuring depositors they will have immediate access to their insured funds even if their bank fails, thereby reducing their incentive to make a "run" on the bank
Pre-requisites
1

Pay Order Facility
Benefits
1
Pre-requisites
1

RTGS|NEFT
Benefits
Capital requirements are standardized regulations for banks and other depository institutions that determine how much liquid capital
Pre-requisites
Capital requirements are standardized regulations for banks and other depository institutions that determine how much liquid capital
Capital requirements are standardized regulations for banks and other depository institutions that determine how much liquid capital