Friday 30 March 2012

Present your cheques on time and enjoy hassle free clearance

Dear Customer,
In line with the Reserve Bank of India's (RBI) notification of 4th November 2011, the validity of all cheques, drafts, pay orders and banker's cheques will be for 3 months only. This is effective 1st April 2012.
Therefore, kindly ensure that all such instruments, from 1 April 2012, are presented within 3 months of the date on the instrument, for successful clearance. Please note that instruments presented after this period of 3 months will not be cleared.
This change is applicable across all banks in India, and covers all instruments that are issued or received by you.
Thank you for choosing Citibank and assuring you of our best services at all times.
Warm regards,
Manager - Customer Service
Citibank N.A., India
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