Cheque Truncation System.
Therefore, the physical meaning of this Truncation is unclear.
Effective Truncation distance: more than 2 meters(most of the recording equipment).
This prohibition is applicable to
cheques cleared under the image based Cheque Truncation System(CTS) only and is effective from December 1, 2010.
Truncation allows for the transmission of an electronic image of all
or part of the cheque to the paying bank's branch, instead of cumbersome physical presentment.
Changes need to be changed in the weaving varieties width, the structure can be
easily adjusted on the right side brace, brace avoid Truncation or replace cloth.
As indicated in the Monetary Policy Statement of April 2010,
a cheque Truncation system(CTS)-2010 standard with benchmark specifications for security features on cheques and field placements on cheque forms has been prescribed.