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GuidelinesforReleaseofPCPGranttotheStudyCentres 1. ThePCPGrantwillbereleasedtotheStudycentersbasedontheactualadmissionoflearnersineachblockof admissionunderstreamIonlyandwillberegulatedasperthecategoryoftheAccreditedInstitutionsi.e.
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rcbbsr stands for Report of Cash Balances by Start of Business day.
Financial institutions and certain other entities are required to file rcbbsr.
rcbbsr can be filled out electronically using the designated platform provided by the regulatory authority.
The purpose of rcbbsr is to monitor and report cash balances by the start of the business day for regulatory and compliance reasons.
The information required to be reported on rcbbsr includes the total cash balance at the start of the business day, broken down by currency denomination.
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