Change in cheque format applicable from 1st April 2013

The NRE/NRO account cheque books that you may be holding with you may not be usable after 1st April 2013. Please check with your bankers & get the cheque books replaced.

This is because of implementation of the new Cheque Truncation System (CTS-2010), which will eliminate physical movement of cheques for clearing. It was supposed to be implemented from 1st Jan 2013 but has been postponed to 1st April 2013 to avoid inconvenience to account holders and giving them more time to replace old cheque books which dont adhere to CTS-2010 format

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