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Bounced Checks

  • EghtesadOnline: The number of bounced checks jumped in the month to March 19, marking the end of last fiscal year when the coronavirus spread in Iran hammering businesses in a way unseen in decades.

  • EghtesadOnline: The Central Bank of Iran in a directive has ordered banks and credit institutions to send it the names of the checkbook holders who have had more than 20 bounced checks times.

  • EghtesadOnline: The total value of bounced checks during the month to November 21 declined 2.5% compared to a month earlier while the volume showed a hike of 11%.

  • EghtesadOnline: During the calendar month to October 22, approximately 618,000 checks worth 103 trillion rials ($845 million) bounced, according to a report by the Central Bank of Iran.

  • EghtesadOnline: Bounced checks registered a monthly increase of 6.4% up until the sixth calendar month to September 22, the Central Bank of Iran reported.

  • EghtesadOnline: The number of bounced checks fell 9.8% during the Iranian month ending Aug. 22 compared with a month earlier, according to the Central Bank of Iran’s latest report.

  • EghtesadOnline: Local banks saw a significant rise in the volume of bounced checks during the last calendar month ending July 22, according to the latest reports published on the Central Bank of Iran website.

  • EghtesadOnline: About 9.1 million checks worth 780 trillion rials ($17.68 billion) were transacted in Iran during the third month of the current fiscal year to June 21, showing a respective decline of 8.2% and 1.8% in terms of numbers and value compared to the previous month.