A void cheque is one that has been rendered invalid by writing "VOID" across it. Voided cheques are often used to transmit banking details for the purpose of making an electronic transaction. Many or ...
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Is writing cheques in black ink no longer valid? RBI's new rule explained
Rumors are circulating that the RBI has issued an order invalidating cheques written in black ink. Is this true? Let's find ...
The newly redefined and standardised cheque for the banking system has taken off. The new cheque rule took effect on January 1, 2021. The Central Bank of Nigeria (CBN) had approved a cheque standard ...
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