Tag: Automated Clearing House

CIG rolls out law to speed cheque clearance

CIG rolls out law to speed cheque clearance

| 02/04/2019 | 25 Comments

(CNS): A new piece of legislation will be debated in the Legislative Assembly, when the sitting opens Wednesday, that government says will speed up cheque clearance between banks. The Bills of Exchange (Amendment) Bill, 2019 facilitates an Automated Clearing House system, making things more efficient, Ministry of Financial Services officials said in a press release. […]

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