Dar es Salaam. In recent years, the use of cheques as a payment method in Tanzania has declined significantly.This shift has been driven by the expansion of financial technologies and the growing ...

The use of cheques in the city could end as the Hong Kong Association of Banks (HKAB) works out a road map this year to phase it out amid an irreversible shift to electronic payments. Electronic ...

Muscat: Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman, has announced the implementation of ...

The Central Bank of the UAE (CBUAE) announced on Monday that new amendments to the Commercial Transactions Law regarding decriminalisation of cheques, and amendments relating to partial payment of the ...

New Delhi, Aug. 31: Even a “stop cheque payment” instruction to his bank can land a person in jail. The Supreme Court, in a recent judgment, has ruled that such instructions amount to an offence under ...

The Reserve Bank of India announced the introduction of new rule 'Positive Pay System' for Cheque Truncation System (CTS) in August 2020 to ensure safe and sound cheque payments. This new rule for ...

The minister, however, did not provide details about the proposed amendment. (IE) The Cabinet today approved an amendment to a current law to allow for payment of an interim compensation in cheque ...

Cheques are to be abolished under controversial plans being drawn up by bankers. They are widely expected to vote next month for the chequebook to be consigned to history. Yesterday, the move was ...

It was a very British protest - cocking a snook at overbearing authorities while staying within the law. But Dick Roper's glow of pleasure at using two sheets of toilet paper to write a cheque for a ...

The Uttarakhand High Court has ordered that the state can now issue a summons in a cheque bounce case via email and WhatsApp.