Business Daily Africa on MSN
Kenyans cling to cheques as Africa peers move on
Many Kenyan businesses rely on cheques for contract enforcement, auditing, and reconciliation. Cheques provide a physical ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. To support its US clients’ transition from paper to electronic ...
In this regard, South African banks will not accept any cheques for deposit or encashment after 31 December 2020. Banks are expected to extensively communicate with their clients leading up to and ...
The Central Bank of The Bahamas has officially started consultations with banking institutions, credit unions as well as other payment services providers on a strategy to “eliminate all use of ...
A void cheque is one that has been rendered invalid by writing "VOID" across it. Voided cheques are often used to transmit banking details for the purpose of making an electronic transaction. Many or ...
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