Articles you may Like
Requirement for maintaining CTS-2010 standards for cheques issued by Ministries
CTS – 2010 is a standard prescribed by RBI in respect of cheques issued by Banks as well as Government for the purpose of avoiding any fraudulent activities. The CTS -2010 standards are given in the publication of RBI which can be read using the link below.
In order to maintain standard prescribed in the RBI Manual for CTS 2010, the Ministry of Finance has issued following Office Memorandum dated 22.10.2012
Ministry of Finance
Department of Expenditure
Controller General of Accounts
Lok Nayak Bhawan, Khan Market
New Delhi, Dated: .22.10.2012
Subject: Standardization and enhancement of security features in Cheque Forms-CTS-2010 Standard -reg.
Reserve Bank of India has prescribed certain benchmarks towards achieving standaridization of cheques viz. CTS 2010 Standard and requested for making arrangements to ensure that the PAOs procure only the CTS 2010.
2. In this connection, instructions issued by this Office vide O.M. No.9(40)/2011/TA/362 dated 17.5.2012 may also be referred to. it is informed that this Office has already requested GM, Govt. of India Press, Nasik vide our letter No.9(40)/2011/TA/468 dated 12.7.2012 to ensure that cheques printed at ISP, Nasik for use by all Government Ministries/Departments fully comply the "CTS 2010 Standard'.
3. All Ministries/Departments are requested to ensure that all cheques printed/procured for use by Government offices should adhere to the "CTS 2010 Standard".
Assistant Controller of Accounts