Question

what is the meaning of a 'non cts cheque'?

Answer 1

hiii,

Cheque Truncation System (CTS) or Image-based Clearing System (ICS), in India, is a project of the Reserve Bank of India (RBI), commencing in 2010, for faster clearing of cheques.

hope helps

Answer 2

Cheque Truncation System (CTS) is a process of stopping flow of physical cheque in which an electronic image of the instrument is presented when it comes for clearing .

Non - CTS cheques cannot be cleared by the bank very easily

Hope it helps ✌

Shreya ❤