In today's modern era, the UPI medium has brought a revolution in the transaction of money, but an ancient method of transaction has been used for many years through checks. But one thing that often ...
In simple words, a cheque is an order to a bank to pay a particular sum of money from the account of the issuer of the cheque, written on a specifically printed form. The issuer of the cheque is ...
The total value of bounced cheques issued in May 2025 rose to €62,164, according to data released on Monday by the Central Bank of Cyprus (CBC). This marks an increase both from the previous month and ...
In the UAE, it is legally permissible for banks to close a customer’s account if multiple checks are returned due to insufficient funds. All the banks and financial institutions in the UAE are ...