BANK CHEQUE CLEARING PROCESS | CTS CLEARING

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  • Опубликовано: 14 окт 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
    =========================================
    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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Комментарии • 47

  • @raghavendraa1857
    @raghavendraa1857 8 месяцев назад +7

    Videos starts at 1:14

  • @Ark.AI.
    @Ark.AI. 10 месяцев назад

    Thank you but does it involve cash transferring between banks

  • @rameshreddy2316
    @rameshreddy2316 11 месяцев назад +1

    How many days it will take to complete the process

  • @sonujalwal4768
    @sonujalwal4768 3 года назад +2

    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 ?

    • @learningequinox6946
      @learningequinox6946  3 года назад +1

      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

  • @princebalor8446
    @princebalor8446 Год назад

    How many days does it takes to clear the cheque of same bank SBI to SBI also in same City??

  • @subhendu9196
    @subhendu9196 8 месяцев назад +1

    Bank statement shown that the amount cr but account not credited

  • @cashyrocks5706
    @cashyrocks5706 5 месяцев назад

    Well explained.thank you

  • @CHAUHANPRINCESINGH
    @CHAUHANPRINCESINGH 2 года назад +1

    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?

    • @learningequinox6946
      @learningequinox6946  2 года назад

      Means it's in clearing and credit will be granted in 2-3 working days

  • @FarhanVerified
    @FarhanVerified 3 года назад +3

    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

  • @deadeye8013
    @deadeye8013 2 года назад +2

    My cheque is cleared in bank statement although it's not added in available balance it's shows in uncleared balance

    • @learningequinox6946
      @learningequinox6946  2 года назад

      Once cleared it will show as clear amount in Bank statement

    • @deadeye8013
      @deadeye8013 2 года назад

      @@learningequinox6946 in statement it's showd cleared but it's still in uncleared balance

  • @rajuprajapati2602
    @rajuprajapati2602 3 года назад +1

    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??

    • @learningequinox6946
      @learningequinox6946  3 года назад +1

      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

    • @rajuprajapati2602
      @rajuprajapati2602 3 года назад

      @@learningequinox6946 ok mam, thank you so much😊

  • @ksivareddy3481
    @ksivareddy3481 2 года назад

    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.

    • @learningequinox6946
      @learningequinox6946  2 года назад

      Please check with your respective bank where you deposited cheque.

  • @MyNripendra
    @MyNripendra 2 года назад

    Icici Bank ka Dd dala indian bank me 31 jan ko hi..abhi tak clear nhi hua hai...

  • @theguywithbooks
    @theguywithbooks 2 года назад

    thank you for sharing

  • @kirankdivakaran3312
    @kirankdivakaran3312 Год назад

    Thank You😊👍

  • @princeyadav-of3mm
    @princeyadav-of3mm 3 года назад

    Bro kitane din me clear hota hai cheque????

    • @learningequinox6946
      @learningequinox6946  3 года назад +1

      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

    • @princeyadav-of3mm
      @princeyadav-of3mm 3 года назад

      @@learningequinox6946 thanks ❤️

  • @bodybuilder468
    @bodybuilder468 2 года назад +1

    CTS full form

  • @priyankagill8994
    @priyankagill8994 2 года назад

    Need clear examples please don't just read, explain it more.

  • @CHAUHANPRINCESINGH
    @CHAUHANPRINCESINGH 2 года назад

    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?

  • @CHAUHANPRINCESINGH
    @CHAUHANPRINCESINGH 2 года назад

    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?

  • @CHAUHANPRINCESINGH
    @CHAUHANPRINCESINGH 2 года назад

    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?

  • @CHAUHANPRINCESINGH
    @CHAUHANPRINCESINGH 2 года назад

    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?

  • @CHAUHANPRINCESINGH
    @CHAUHANPRINCESINGH 2 года назад

    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?

  • @CHAUHANPRINCESINGH
    @CHAUHANPRINCESINGH 2 года назад

    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?

    • @tamanathakur5372
      @tamanathakur5372 Год назад

      Iska mtlb hai ki aapke account mai 50000 aaye hai