All You Need To Know About New Cheque Books
Features
A CTS compliant cheque leaf is different from a normal cheque leaf you currently use, and has certain distinct features.
1. The IFSC and MICR codes are a must on every cheque leaflet.
2. All cheques should have a standardised watermark, with the words "CTS-INDIA" which is visible when held against any light source. This would make it difficult for any fraudster to photocopy or print an instrument or bill.
3. Bank details and its logo are printed on the face of the cheque using the ultra-violet (UV) ink The logo can be seen in UV enabled scanners / lamps.
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4. Background of cheques shall be kept blank and as clutter free as possible for improving quality and visibility of images.
5. "Payable at par at all branches of the bank in India" text is printed be at the bottom of all the cheques.
