Submit Canara Bank Cheque Details for Positive Pay System using Canara Bank Internet Banking – As you know, all banks have made it mandatory to submit key details of cheque amounting above Rs. 50,000/- and above under positive pay system. Canara Bank has also released a notice to its customers for availing this facility. However, it is at discretion of customer to avail this facility.
Customer need to submit cheque date, amount, account no, beneficiary/payee name to the drawee bank before sending cheque for presentation in clearing.
If you are Canara Bank customer, then this article is for you. Scroll down to know how to submit canara bank cheque key details under positive pay system using Internet Banking.
Positive Pay System | Submit Canara Cheque Details via Internet Banking
There are various modes to submit details like through SMS, internet banking, mobile banking or visiting branch. But submitting cheque details via Canara Bank Internet Banking is very easy and simple. You can do it just at few clicks sitting at home.
Just follow these steps –
Step 1: Logon to official website of Canara Bank – www.canarabank.com
Step 2: Click on Login Tab –> Net Banking – Canara
Step 3: Enter your USER ID, PASSWORD and CAPTCHA and Click on “SIGN IN” Button.
Step 4: Click on “Services” option on top navigation bar.
Step 5: Click on “Positive Pay System” option available on left side of the page.
Step 6: Select “Cheque Register”option to fill key details of cheque.
Step 7: Fill the Cheque information – Select Account No.(in case of multiple accounts), Cheque Number, Amount, Payee Name, Cheque Date, MICR Code (available on bottom of issued cheque)
Step 8: Click on Submit button after filling all the details.
Step 9: Cross check the details with issued cheque and click on “confirm”.
Step 10: Enter “Transaction Password”. Note down the URN number generated upon successful submission for future reference.
You can also check the status of your cheque submitted for positive pay system by clicking on Cheque Status Option under “Positive Pay System” option.
Positive Pay System is beneficial for both issuer and beneficiary of the cheque. Even if banks do not make it mandatory, we suggest you to opt this facility for security of your cheque transactions and money as well. If there is any alteration with amount, name or any information by fraudster , the cheque details will mismatch and bank will reject the cheque in clearing.
It is very easy to submit cheque details with Canara bank internet banking under positive pay system. if you face any problem submitting positive pay details in canara bank online banking, visit your nearest canara bank branch. You can also call 24*7 hrs toll free number 1800 425 0018 customer care.
If you still have any doubt or query, feel free to share through comment section.