The FAQs explain the cheque clearing framework in India under the Cheque Truncation System (CTS), highlighting faster, image-based clearing and elimination of physical cheque movement. CTS allows only CTS-2010 compliant cheques, with non-CTS cheques no longer accepted for clearing though remaining valid negotiable instruments. The introduction of Continuous Clearing enables simultaneous presentation and confirmation, speeding up settlement through defined Item Expiry Time. The Positive Pay System enhances safety by matching cheque details submitted by issuers for high value cheques. Banks must preserve physical cheques for 10 years, provide acknowledgements, and follow care in scanning and stamping. Cheques up to Rs 1 lakh are collected free for savings accounts. Grievances relating to delays or non-payment can be escalated under the RBI Integrated Ombudsman Scheme.