Questions are emerging over the efficiency of the much touted cheque truncation system. It had been expected that with the new system in place, bank customers countywide would enjoy shorter cheque ...
Cheque volumes in the UK may have dropped from four billion in 1990 to 644 million in 2014, however the introduction of the Future Clearing Model will modernise the payment method, with banks using ...
The FINANCIAL — The UAE Central Bank on July 13 said it has implemented the new electronic image-based cheque clearing system, the Image Cheque Clearing System (ICCS), from July 12, thereby reducing ...
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