positive pay: PNB positive pay: Customers must give details one day before presenting a high value cheque | Popgen Tech


Punjab National Bank last week asked its customers to report information on high value checks at least a day before clearance under the Positive Pay System (PPS) framework in order to educate them about scams of high value cheques, according to the PTI.

Punjab National Bank has incorporated Positive Pay Confirmation, a requirement of PPS framework for checks of Rs 10 lakh and above from April 4, 2022.

The Positive Pay System is available to all account holders who submit checks worth at least Rs 50,000. The use of this service is entirely up to the account holder. According to a bank statement from PNB, the CTS grids dispute resolution procedure will only accept checks that adhere to the rules of the Positive Pay System.

Key details to be submitted in the PPS, according to the PNB website:

· Account number

· Check the number

· Check out Alpha

· Check the amount

· Beneficiary’s name

Customers can use the Positive Pay System (PPS) by providing the necessary information about the check they have written through a branch office, online banking for individuals and businesses, mobile banking (PNB ONE), or SMS banking.

How to submit high value (pay positive) verification details for verification

Step 1: Login to PNB net banking using the credentials.

Step 2: Click on the ‘Positive Pay System’ tab under Value Added Services.

Step 3: From the drop-down menu, select the Account Number. After that the customer must submit a check number with six digits, check alpha (3 characters), the date of the check, the amount of the check, and the name of the beneficiary.

Step 4: Enter the password for the transaction and click on the “Send” tab.

The customer will see a notice on their screen confirming that their check has been successfully submitted after successful submission.

How to submit high value PNB check for SMS verification

Customers can use the Positive Pay System for high value checks by texting 9264092640 or 5607040 using the following syntax.

PPS Data>

According to the PNB site, these are things to note:

  • Account Number: Full Account Number
  • Check Number: 6 digit Check Number (numeric value)
  • Check Alpha: 3 characters printed on the check
  • Check Amount: Rs.50000/- and above (numerical value only)
  • Check Date (format): DDMMSSSS

When successfully sent, the customer will receive a message that “Your request for PPS data of check No. XXXXXX in Account No. XXXXXXXXXXXXXXX has been accepted.”

Make sure the Positive Pay information is submitted one business day before the check presentation or clearing date.


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