Can bank Cheques Be Written In Black Ink? here's What RBI suggestions Say
A social media submit claiming that the bank OF INDIA' target='_blank' title='reserve bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>reserve bank of india (RBI) has banned writing cheques in black ink has left netizens baffled. The submit has sparked significant speculation, with many thinking the purpose in the back of this sort of pass.
but, this declare is totally fake.
the press records Bureau (PIB), through its truth take a look at account on social media platform X, debunked the rumours. The PIB clarified, "it is being claimed on social media that the Reserve bank has issued instructions banning the writing of cheques in black ink. This declare is completely fake. The RBI has not issued any such pointers regarding a selected ink coloration for writing cheques."
The PIB's announcement introduced comfort to clients, urging them to rely on respectable sources for correct information. the general public has been counseled to be cautious of faux news circulating on social media.
What Does The RBI Say about Writing Cheques?
in step with the Reserve financial institution's cheque Truncation system (CTS), customers are advocated to use picture-friendly and everlasting ink at the same time as writing cheques to ensure legibility and save you tampering. however, the RBI has not issued any rules mandating or prohibiting specific ink shades for cheques.
The RBI has also reiterated that no changes or corrections may be made to important cheque info inclusive of the name of the payee or the amount (in numbers or words). If any modifications are required, a brand new cheque have to be issued. This measure targets to save you fraud and make certain the integrity of cheque transactions.
what's A Cheque?
A cheque is a negotiable instrument or a transferable file used in banking. according to the hdfc financial institution internet site, a cheque instructs the bank to pay a particular amount to the person named on the cheque. It serves as a relaxed approach for transactions and bills.
The PIB has advised the general public to be vigilant against faux statistics and to rely upon respectable government assets for updates. The recent rumour is a reminder to verify statistics before believing or sharing data on-line.
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