Know How To Register SBI Account With Positive Pay Online

Positive Pay System enables an additional security layer to the cheque clearing process wherein the issuer of the cheque shares cheque details with the Bank. When the beneficiary submits the cheque for clearing, the presented cheque details will be compared with the details provided to the Bank through Positive Pay.

To avail this facility, the account holder needs to share cheque details at the time of issuance of the cheques for amounts of `50,000/- and above online through Internet Banking and Mobile Banking app SBI.

SBI Positive Pay Online Registration through Mobile Banking

1# Login to SBI YONO Lite Mobile Banking and select the “Requests” tab.

SBI YONO Lite Requests tab

2# Next screen select “Positive Pay System

SBI Positive Pay Online Registration

3# Now on the next screen tap on “New Registration

SBI Positive Pay Online Registration

4# And next screen, select your account number, select “All Cheques” option if you want to share all issued cheques details to positive pay, OR select the “Cheques beyond prescribed limit” option if you want to share only those prescribed limit cheques details which set by you. Enter the limit if you selected the second option and submit.

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SBI Positive Pay Online Registration

That’s it you are now registered with SBI positive pay system and now you can share your issued cheque details with positive pay online. Central Bank of India Account Opening Form, CBI Minimum Balance

If you want to de-register or need to modify your preference then select Deregister/modify option and change your option/limit or deregister your account.

SBI Positive Pay Online Registration

Register SBI account with Positive Pay online using net banking

1# Login to SBI net banking and click on “Request & Enquiries – Cheque Book Services‘ As you can see in the below screenshot.

SBI Cheque book services

2# Now select the”Positive Pay System” option on the next screen.

SBI Positive Pay Online Registration

3# Next screen select your account number, select “All Cheques” OR “Cheques beyond prescribed limit” option and set the limit, and submit your request.

SBI Positive Pay Online Registration

Hope you now understand what is positive pay system and how to register an SBI account with positive pay online. It is not mandatory but if you are issuing an above 5 lac cheque then it is recommended to share cheque details with positive pay system before handover to the payee.

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