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Now you can safely drop your cheque in the Dropbox installed in all our branches with deposit slips for quick processing. For more details, visit www.bankalhabib.com or call us at 111-014-014. #UnitedInSocialDistancing #ChequeDeposit #QuickDeposit #RishtaBharosayKa #BankALHabibLimited | Bank AL Habib Limited
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🏦Read Caption: The Cheque Truncation System (CTS) from batch processing to a continuous, near real-time model called "Continuous Clearing and Settlement on Realisation" to speed up cheque clearance, with Phase 1 starting October 4, 2025, and full implementation by January 3, 2026. This new system significantly reduces the time for funds to become available from days to a few hours, with settlements occurring hourly after the initial scanning and presentation. Banks process cheques continuously
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