Core Banking Solutions (CBS) :Core Banking Solutions is a buzz word in Indian banking at present, where branches of the

bank are connected to a central host and the customers of connected branches can do banking at any breach with core banking facility. Crossing of Cheques :Crossing refers to drawing two parallel lines across the face of the cheque. A crossed cheque cannot be paid in cash across the counter, and is to be paid through a bank either by transfer, collection or clearing. A general crossing means that cheque can be paid through any bank and a special crossing, where the name of a bank is indicated on the cheque, can be paid only through the named bank. Dishonor of Cheque :Non-payment of a cheque by the paying banker with a return memo giving reasons for the non-payment. EFT :- (Electronic Fund Transfer) EFT is a device to facilitate automatic transmission and processing of messages as well as funds from one bank branch to another bank branch and even from one branch of a bank to a branch of another bank. EFT allows transfer of funds electronically with debit and credit to relative accounts. Interest Warrant :When cheque is given by a company or an organization in payment of interest on deposit, it is called interest warrant. Interest warrant has all the characteristics of a cheque.