For the first time, bank customers will be able to rely on cheques paid into their account - even if they later turn out to have been forged. Following long-overdue changes implemented by the banking ...

Every year there are several cases of cheque frauds. Creating a counterfeit cheque or forging account holder details in order to withdraw funds are quite prevalent. To enhance the safety of cheque ...

|~|michael-wakileh.jpg|~|Progress Soft’s business development manager, Michael Wakileh.|~|The Central Bank of Jordan (CBJ) has deployed an electronic cheque clearing (ECC) system to streamline the ...

Ludhiana: The proposal by the finance ministry to decriminalise cheque bounce offence does not seem to have gone down well with the jewellers’ fraternity. The jewellers of Punjab are strongly opposing ...

Under new rules that the Treasury is expected to announce by Wednesday, bank customers will be allowed to deposit money into their accounts or pay people using a mobile phone picture of a cheque.

It is reported that the Finance Ministry has proposed to decriminalise offences described in 39 Sections of 19 Acts dealing with financial matters and make them compoundable. These include ...

A DEVELOPMENT company has defended its decision to send ?500 cheques to councillors, describing it as a "goodwill gesture" in the run-up to the elections. Drogheda Borough Councillors expressed ...

With around 12.5 million cheques issued last year, the Maltese need to stop writing them out and start using direct debit as a form of payment in order to become more competitive, Ken Mifsud Bonnici, ...