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  >  Positive Pay System

To safeguard the cheques issued from The Rander People’s Co-Operative Bank Ltd. accounts, a new service called Positive Pay has been introduced.

All you need to do is share the details of issued cheque like Cheque Number, Cheque date, Payee name, Account number, Amount via visiting nearer Branch by you(Coming soon in mobile banking application),before handing it over to the beneficiary in case amount is 5,00,000/- or more.

Positive Pay service is currently available for cheques issued from The Rander People’s Co-Operative Bank Ltd. account which are deposited by the beneficiary through other banks and presented through CTS clearing.