Banks move to continuous cheque clearing from October 4, enabling near real-time settlements and quicker fund access, replacing the T+1-day clearing cycle ...
Cheque books account for over 90 percent of rental payments and most real estate purchases in Dubai. Image: Shutterstock Cheque books are the preferred choice for making rental real estate payments ...
The African Banking Corporation (ABC) bank has urged Saccos operating in various parts of the country to partner with them in a new deal that will see them get issued with Cheque books.
DUBAI, Dec 10 (Reuters) - The United Arab Emirates central bank has told banks to carry out credit checks with the country's credit bureau on customers before issuing them with cheque books, the ...
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