What Is The Business Process Of The Cheques Video Exchange System?

According to the central bank's responsible person, the cheque image exchange system supports the general purpose of cheque, changing the traditional physical bill exchange mode.

The first stage is paper based bill flow, that is, physical cheques are circulated to the receiving bank or clearing house through issuing, pferring and prompting payments to complete the interception and image collection of physical cheques.

The second stage is image information flow, and the upcoming cheque image service information is pmitted to the drawer bank through the image exchange system for examination and payment.

The third stage is the capital clearing flow, that is, after the issuer receives the check and the video information is checked correctly, it returns the business receipt and completes the liquidation through the micropayment system.

Compared with the traditional cheques processing process, the pfer of cheques between the trading entities has not changed through the image exchange system, mainly because the cheques pfer and liquidation links between banks have changed.

When a cheque is issued across the country, special attention should be paid to the following items when issuing cheques:

First, check the code of banking institutions.

According to the regulations, the 12 banks' codes of the unified national standard should be recorded on the cheque used elsewhere.

The two is to confirm the amount of cheque issued.

The amount of checks used elsewhere can not exceed the upper limit set by the central bank. The ceiling is currently tentatively priced at 500 thousand yuan.

Three, when issuing cheque, it is necessary to ensure that the balance of the account is sufficient to pay the amount of the cheque issued. Otherwise, a blank cheque will be punished accordingly.