2. How would the uniqueness of the cheque be imparted to the image?
3. Can you explain the process flow envisaged in the CTS?
4. How will the quality of the images be ensured?
5. How would the image and data transmitted over the network is secured?
6. What precautions should be taken by bank customers to avoid fraud?
It is a process to stop the flow of a physical cheque issued by the drawer to the drawee branch.
The images captured at the presenting bank level would be transmitted to the Clearing House and then to the drawee branches with digital signatures of the presenting bank. Thus each image would carry the digital signature, apart from the physical endorsement of the presenting bank, in a prescribed manner.
In CTS, the presenting bank will capture the data & images of the cheques using their Capture System which is internal to them. They have to meet the specifications and standards prescribed for data and images.
As the payments will be made on the basis of the images, it is essential to ensure the quality of the images. For this purpose the solution proposes Image Quality Audit at different level.
The security, integrity, non-repudiation and authenticity of the data and image transmitted from the paying bank to payee bank will be ensured using the Public Key Infrastructure.
Bank customers should use image friendly cheques. They should preferably use dark colored ink while drawing the instruments. Care should be exercised in the use of rubber stamp, so that it would not interfere with the material portions of the cheque.
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