In July 2019, a major policy change in the payments environment was announced by the Namibian Central bank. The bank announced after a period of preparation that it had abolished cheques as acceptable ...
Cheques don't actually expire, but one older than six months old can be considered ‘stale’ Cheques are known to be financial instruments without a strict end date. However, personal cheques do become ...
Keep the chequebook in a safe and secure place to prevent it from getting lost or stolen. Signing a cheque? It is important to be cautious before doing it due to the legal and financial implications ...
The Central Bank of Nigeria (CBN) has lifted suspension placed on cheque instruments in the Nigerian clearing system. Consequently, cheque instruments will be allowed to pass through the clearing ...
Defaulting borrowers have been truly put on notice as the recent cheque bounce ordinance will have retrospective application. This ordinance--issued on June 15—has made it clear that all pending ...
https://www.thehindubusinessline.com/opinion/columns/the-cheat-sheet/how-positive-pay-system-safeguards-cheque-payments/article33348513.ece Copy Banking regulator ...
With effect from today, the Central Bank of Nigeria (CBN) has suspended the clearing of all cheque instruments in the Nigerian clearing system. A circular signed and sent out to all Deposit Money ...
As personal loans become increasingly accessible in the country, many borrowers are often found questioning the importance and necessity of providing a blank cheque during the submission of loan ...
The Cabinet on Wednesday decided to bring in an ordinance to amend the Negotiable Instruments Act, which provides for filing of cheque bounce cases in place where the cheque was issued, a move that ...
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