CTS Full Form
The CTS full form is Cheque Truncation System. This Cheque Truncation System is launched for fast clearance of cheques by the Reverse Bank of India. From one bank to another bank, it does not involve a physical transfer. It is an online image cheque clearance by using the system called cheque clearing system by scanning the image of the cheque.
It is an electronic image of the cheque along with the Magnetic ink character recognition (MICR) number is sent to the drawee bank from the drawer bank. MICR is a number, it helps to identify the process check. This number consists of three groups of numbers includes bank routing number, account number and check number.
History of CTS:
- It was launched in February 2008 in National Capital Region in New Delhi by Reserve Bank of India.
- Later in September 2011, it was launched in Chennai.
- RBI decided in 2013 only CTS 2010 Cheques would be accepted for clearance by the banks from 1 August 2013, later it was extended to 31 December 2013.
Advantages of the CTS system:
- It saves effort, money, and time that involved in the physical activity like travelling etc.
- It improves and butter customer service like clearing checker faster.
- It improving the operational efficiency of internet banking system.
- Reduce the fraud operation related to cheque clearance.
- No geographic restrictions.
- No fear of losing cheque.
CTS Full Form:
The CTS full form is Clear To Send. It is a standard mechanism or control flow system in RS 232 standard. It gives a signal or indicates that a device or line is ready for data transmission. Clear to send a signal to send in response to Request Of Send (RTS) flow control signal. The CTS is sent with the help of sending device to inform the receiver end to get ready to the receiver or set up the CTS control system. When the receiver end is ready to receive then CTS signal to tell another end to send the data. It is a system that helps each other before the data transmission.
Other CTS Full Form:
| CTS Full Form | Category |
| C T S Corporation | NYSE Symbols |
| Cadet Training Ship | Shipping & Sailing |
| Cadillac Touring Sedan | Transportation |
| Call The Shots | General Business |
| Call Tracking System | Telecom |
| Canada Treaty Series | US Government |
| Candidate Tracking System | Politics |
| Cardio-Thoracic Surgery | Physiology |
| Career Technology Studies | Universities |
| Careflow Transcription Suite | Software |
| Carmichael Training Systems | Companies & Firms |
| Carpal Tunnel Syndrome | Physiology |
| Cash To Spend | Accounting |
| Catera Touring Sedan | Transportation |
| Celebrate The Spirit | Religion |
| Center for Telangana Studies | Universities |
| Center for Traffic Statistics | Non-Profit Organizations |
| Center for Transportation Studies | Transportation |
| Central Travel Summary | Transportation |
| Certified Technology Specialist | Occupation & Positions |
| Certified Temporary Specialist | Occupation & Positions |
| Certified Temporary Staffing | Occupation & Positions |
| Certified Trauma Specialist | Occupation & Positions |
| Change Tracking System | Military |
| Chicago Telephone Service | Companies & Firms |
| Child Transport System | Products |
| China Travel Service | Companies & Firms |
| Chinese Television System | News & Media |
| Christ the Shepherd | General |
| Christian Team Server | Religion |
| Christian Theological Seminary | Religion |
| Classroom Technology Services | Universities |
| Clinical Technical Support | Laboratory |
| Cluster Testing System | Networking |
| Cognizant Technology Solutions | Software |
| Collaborative Testing Services | General |
| Combined Trading System | Stock Exchange |
| Commercial To Space | NASA |
| Commodity Transportation Survey | Transportation |
| Common Targeting System | Military |
| Common Type System | Products |
| Communication Terminal Synchronous | Networking |
| Communications and Tracking System | NASA |
| Communications Technology Satellite | Ocean Science |
| Community Television Station | News & Media |
| Compact Touring Sedan | Transportation |
| Compatibility Test Suite | General |
| Component Transaction Server | Networking |
| Compulsive Travellers Syndrome | Human Genome |
| Compulsive Traveller’s Syndrome | Physiology |
| Computer and Technology Showcase | Conferences |
| Computerized Training System | NASA |
| Conflict Tactic Scale | Military |
| Conformance Test System | General Computing |
| Consolidated Tape System | Hardware |
| Consolidated Technology Services | Technology |
| Construction Testing Service | Construction |
| Contact Test Set | Military |
| Conveyorized Two Station | Products |
| Coolant Temperature Sensor | Chemistry |
| Copper Tube Size | Products |
| Cordless Telephone System | Telecom |
| Cordless Tools Store | Companies & Firms |
| Corporate Translation Services | International Business |
| Corporate Transportation Specialist | Transportation |
| Correspondence Tracking System | FDA |
| Critical Thinking Skills | Educational |
| Cross Table Sampling | Mathematics |
| Crossroads Television System | News & Media |
| Customer and Trading Support | General Business |
| CTS full form | Category |