News Updates

The NMA keeps you informed about economy related news...
15.01.2019 10:00 Age: 1 year

Phasing out of cheques from February

Please note that due to industry regulations, cheques written out after 1 February 2019 will not be accepted. Banks will accept cheques that were written out before 1 February and these will be processed until 24 June. This move has been mainly necessitated by increased risks associated with cheque p ayments and significantly reduced volumes in cheque payments locally.

Read more (PDF, 200KB)