BANK CHEQUE CLEARING PROCESS | CTS CLEARING
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- čas přidán 27. 08. 2024
- In our banking literarcy series to day we shall understand how does clearing happen
What is the clearing process
Cheque clearing process
cheque clearing process in India
CTS Clearing of cheques
How does clearing happen
Cheque Truncation System
Cheque Payment System
Watch till the end to understand the clearing process in detail
#learningequinox, #chequeclearing, #ctsprocess #banking
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Disclaimer: The video is made purely for educational purpose and is set out to explain certain concepts with examples. It is simply to create awareness.
Team Learning Equinox does not intend to advertise any products or service or any person. It does not intend to solicit any one in any manner. The video is purely set out to explain the concepts. We do not take responsibility for any decisions taken on the basis of this video.
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Videos starts at 1:14
Well explained.thank you
Very informative. Could you answer on below questions on priority please since we need to make the transfer of 21 lakh Rs with in 2 working days with 100% guarantee due to land registration last date.
1. How long it takes for cheque clearance of amount less than 10 lakh or more than 10 lakh exact 10 lakhs.
2. We need to transfer 3 cheques from SBI and Bank of Baroda to Bank of India in maximum 2 days due last date of registration Byanna...
3. If if submit cheque before 12 PM or after 12 PM how long it takes.
4.Will cheque above amount 10 lakh goes to home branch of payer for clearance? Will cheque of less 10 lack goes to local branch for clearance ?
Thanks for watching. Your query is specific to a bank and since high value transaction you need to speak to your banker. Please get in touch with your bank's base branch for all such transactions.
Thanks
thank you for sharing
How many days it will take to complete the process
Mam mera account SBI me hai and Cheque mene Karnataka bank ka lgaya jo ki Bhubaneswar ka hai and me Chhattisgarh ka hu...and mene Cheque deposit machine se cheque deposit kia....so kitna time lagega amount credit hone me .. because ye mera first' time tha
Clearing process takes 2-3 working days
Thank You😊👍
Bank statement shown that the amount cr but account not credited
Thank you but does it involve cash transferring between banks
How many days does it takes to clear the cheque of same bank SBI to SBI also in same City??
My cheque is cleared in bank statement although it's not added in available balance it's shows in uncleared balance
Once cleared it will show as clear amount in Bank statement
@@learningequinox6946 in statement it's showd cleared but it's still in uncleared balance
Plz bata do
"An amount inr 50000 has been credited. which is subject to clearance "
Iska matlab kya hai mera cheque clear hoga ya nahi?
Means it's in clearing and credit will be granted in 2-3 working days
Mam,mere papa ka account Jila sehakari kendriya bank maryadit Raisen MP me h. Unhone waha se mujhe check issue kiya kiya, mera account axis bank Bhopal mp me h, mene Raisen ki bank ka cheq apne bhopal axis bank me jama kiya. Pr wo return a gaya. Return Reason code :88 Return Reason : Other reason/ OPERATE AC NOT RECD KYC .
Sir, please btaiy ab me kya karu??
Both parties to check with bank. Account is made inoperative for want of KYC.
Dono parties bank me jake check karo...apna kyc update nahi hua hai kisi ek ka. Isliye account inoperative hai
@@learningequinox6946 ok mam, thank you so much😊
Sir I was deposited 5l cheque in cts machion on 5th Feb 2022.sir I don't write any matter on backside of check.so this cheque will clear or not clear.sir cheque backside matter are mandatory or not mandatory.please reply me.
Please check with your respective bank where you deposited cheque.
Icici Bank ka Dd dala indian bank me 31 jan ko hi..abhi tak clear nhi hua hai...
Request to check with your bank in this
CTS full form
Cheque truncated system
Bro kitane din me clear hota hai cheque????
T+2 days if deposited after 12pm and T+1 if deposited before 12pm.
This is general timings. However it might slightly vary from bank to bank as per their internal cut-off proceedures
@@learningequinox6946 thanks ❤️
Need clear examples please don't just read, explain it more.
Thank you for the feedback.
Plz bata do
"An amount inr 50000 has been credited. which is subject to clearance "
Iska matlab kya hai mera cheque clear hoga ya nahi?
Plz bata do
"An amount inr 50000 has been credited. which is subject to clearance "
Iska matlab kya hai mera cheque clear hoga ya nahi?
Plz bata do
"An amount inr 50000 has been credited. which is subject to clearance "
Iska matlab kya hai mera cheque clear hoga ya nahi?
Plz bata do
"An amount inr 50000 has been credited. which is subject to clearance "
Iska matlab kya hai mera cheque clear hoga ya nahi?
Plz bata do
"An amount inr 50000 has been credited. which is subject to clearance "
Iska matlab kya hai mera cheque clear hoga ya nahi?
Plz bata do
"An amount inr 50000 has been credited. which is subject to clearance "
Iska matlab kya hai mera cheque clear hoga ya nahi?
Iska mtlb hai ki aapke account mai 50000 aaye hai