RBI clarified how cheque truncation and continuous clearing speed up settlements by using electronic images instead of physical cheques. The FAQs outline timelines, safeguards, and customer ...

Nigeria Inter-Bank Settlement System. The circular with reference number BKS/DIR/GEN/ClR/O7/002 was signed by the CBN Director, Banking Services Department, Sam ...

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 ...

The Abu Dhabi Judicial Department (ADJD) organised a round table discussion on the provisions of the law dealing with the cheque as an executive instrument, as introduced by the recent legislation and ...