Question
Under Phase 2 of the revised CTS process, if a cheque is presented between 10:00–11:00 AM , by when must the drawee bank confirm honour/dishonour before it is deemed approved?
Under Phase 2 of the revised CTS process, if a cheque is presented between 10:00–11:00 AM , by when must the drawee bank confirm honour/dishonour before it is deemed approved?
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