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Positive Pay System SBI Axis Bank BOB PPS Scheme, Kya Hai, Latest News, BOB ICICI

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Positive Pay System SBI Axis Bank BOB PPS Scheme Registration 2021 BOB ICICI SBI Positive Pay System Kya HaiAxis Bank Positive Pay System Latest News Bank of Baroda Positive Pay System Latest News To make cheque transactions safer, the Reserve Bank of India (RBI)* has asked all banks to introduce the Positive Pay System effective 01 January, 2021. Positive Pay System enables an additional security layer to the cheque clearing process wherein, the issuer of the cheque submits cheque details as per the process mentioned below.