new Delhi: There is a big news for the customers of Punjab National Bank, in fact PNB is making major changes in the payment rules for its customers. According to the official website of Punjab National Bank, from April 4, the bank is going to change the rules of Positive Pay System (PPS) for payment by check for its customers. In this regard, PNB said on its official website that from April 4, verification of the positive pay system will be mandatory for customers of the bank making payments of more than Rs 10 lakh.
This is important information
Let us tell you that for the positive pay system of Punjab National Bank, customers are required to give their account number, check number, check alpha, check date, check amount, beneficiary name etc. to the bank. In the absence of positive pay verification, the bank does not pay your cheque. Such check will be returned back. In this way these major changes were made.
PPS Safeguards you against various kinds of check frauds. Account holders may submit the check details at branch or through digital channels ie
– Internet Banking Service Retail & Corporate
– PNB One
– SMS Banking pic.twitter.com/t5Fp8CXYvP— Punjab National Bank (@pnbindia) February 25, 2022
Know what is Positive Pay System
This change is important for the customers of PNB. Yes, Punjab National Bank (PNB) said that Positive Pay System (PPS) protects you from various types of check payment frauds. Account holders can deposit the check details at the branch or through digital channels. Customers can use the bank’s internet banking service, mobile app PNB One or SMS Banking for this.
For more information, PNB customers can call on the bank’s official website or toll free number 18001802222 or 18001032222. Due to this change, there will be no fraud with the customers.