How to Use the Cheque API Canada

When you want to post a batch of cheques, the cheque APi provides a way to do so. You can use this API to process the cheques and create reports. Here are the steps you need to follow. Once you have finished the first batch, you can move on to the next one. In order to create a batch, you will need to input the details in the corresponding fields in the next batch. Then, you will need to run the validation report and close the zone.

Before you can use the cheque APi, you will need to send an image file of the front page of the cheque. The API will recognize the text and will process it for you if the image contains only English text. You will need to provide a CTS-2010 format for the image. The response you receive will contain information about the cheque issued. The details include the date, amount, bank name, and branch. You will also get the IFSC code and account number.

The API will verify that the cheques have been issued by duly enrolled agents. The API is designed to integrate with bank systems, reduce the number of rejected cheques, and perform batch services. This service will help the banking sector stay compliant with the new directives for check fraud. In addition to helping financial institutions avoid accepting cheques from dishonored issuers, this API will help prevent check fraud, which is expected to increase following the implementation of COVID-19.