What does High Value Electronic Cheque Clearing mean?

Modified on Mon, 30 Sep, 2019 at 4:08 PM

High Value Electronic Cheque Clearing is clearing session for presentment of high value cheques of above 200 Million to 300 Million in case of NPR and above 2 Million to 3 Million in case of USD, GBP and EUR cheques from Sunday to Friday. The session timings of high value electronic cheque clearing are as follows:

 

Presented Start Time

Presented Cut-Off Time

Reply Cut-Off Time

Settlement Start Time

High Value Clearing

10:00 (T)

11:30 (T)

12:30 (T)

13:00 (T)

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