The checks were “washed,” a process in which the payee names and amounts are changed and then cashed for significantly higher ...

the type of check, and how the payee names are written. If you are unclear about your bank’s policy on two-party checks, it is a good idea to call ahead and ask questions to learn about specifics.

The Positive Pay System (PPS) by the RBI enhances cheque security by requiring issuers of cheques over ₹50,000 to ...