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1. One of the action points on rationalisation of procedures on CTS, prescribed by the Reserve
Bank of India for implementation is the Mandatory Verification of CTS instruments through Ultra
Violet [U V] Lamp by the presenting Bank. The move is aimed at identification of fraudulently
altered instruments presented through CTS clearing, as the payment of instruments in CTS
clearing is based on the image of the instrument. After analysing the volume of outward
instruments in CTS in our bank, it has been decided to subject all instruments of Rs.50,000/-
and above to UV lamp verification. This would cover around 15% in volume and 85% in value of
CTS outward clearing.
2. Accordingly all our branches presenting CTS instruments in outward clearing are instructed as
under:
(a) Any CTS instrument of value of Rs.50,000/- and above should be compulsorily verified
through UV lamp to ascertain correctness and genuineness of the instrument, before
sending to the Service / nodal branch for scanning.
(b) After verification through UV Lamp, the branch should affix a stamp at the back of the
instrument confirming the verification. The verification seal shall be as under:
[C.G. Pinto]
General Manager