The Bank of Mauritius has released a statement saying that it has come to their knowledge that fake bank cheques, purportedly emanating from banks, are currently in circulation in the country and that certain companies have been victims to such fraudulent practices. The Bank of Mauritius strongly urges members of the public to exercise extreme
Canadians have used their mobile phone to deposit more than 1,000,000 cheques since the Canadian Payments Association approved the cheque image rule last year to allow for mobile remote deposit capture (RDC), according to data from NCR Corporation, the global leader in consumer transaction technologies. In fact, mobile deposits have doubled every quarter since April
Cross-border cheques and bank drafts within the Common Monetary Area (CMA) are being phased out with effect from 22 July 2013 and will no longer be accepted by any banking institution within the CMA. The CMA includes Namibia, South Africa, Lesotho and Swaziland. For Namibian clients it means that, as from the 22nd of July
