Financial Daily from THE HINDU group of publications
Saturday, Mar 23, 2002
Financial Daily from THE HINDU group of publications Saturday, Mar 23, 2002 |
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Money & Banking
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Private Banks Vysya Bank offers new facility Our Bureau
BANGALORE: Vysya Bank started its `City Centralised' clearing process in Bangalore on Friday. Covering forty of the bank's outlets in the city, the process provides customers `anywhere anytime' deposit of clearing instruments in the city. The clearing process allows customers deposit local instruments for clearing/collection in their branch or in any of the bank's branches under the VysAmulya project. The facility also provides customers drop in boxes at any of the bank's VysAmulya or ATM centres in the city. According to the bank, the clearing is so programmed that the customer's cheque deposited/dropped before 2.30 p.m. on week days (1.30 p.m. on Sundays) will hit the immediate next clearing — giving customers a whole day's advantage in their account being credited.
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