PAYMENT AND SETTLEMENT SYSTEMS

Payment and settlement systems play an important role in improving overall economic efficiency. They consist of all the diverse arrangements that we use to systematically transfer money-currency, paper instruments such as cheques, and various electronic channels.

1. Publications
Payment Systems in India
Payment Systems in India – Brochure
2. Vision Documents
May 15, 2019 - Payment and Settlement Systems in India: Vision – 2019-2021
Jun 23, 2016 - Payment and Settlement Systems in India: Vision-2018
Oct 01, 2012 - Payment Systems in India: Vision 2012-15
Feb 16, 2010 - Payment Systems in India - Vision 2009-12
Nov 12, 2009 - Vision 2005-08 - Accomplishments Vs statements
May 03, 2005 - Payment Systems in India - Vision 2005-08
3. Documents on Old systems
Electronic Clearing Service (ECS) (Credit/Debit)
Electronic Funds Transfer System Procedural Guidelines
Mechanised cheque processing using MICR technology - Procedural Guidelines
Mechanised Cheque Processing Using MICR Technology - Procedural Guidelines – Abridged
National Electronic Clearing Service (NECS) - Procedural Guidelines
Express Cheque Clearing System
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