Skip to content
Amman —

114.7 million dinars value of returned checks in Jordan during August

114.7 million dinars value of returned checks in Jordan during August

The value of returned checks during August 2026 amounted to approximately 114.7 million dinars, compared to 88.3 million dinars in July, accounting for 3.01% of the total value of checks in circulation during August, according to statistics from the Jordanian Payment and Clearing Systems Company "JoBack".

The total number of returned checks during the past month was about 16,000 checks, compared to 13,800 checks in July, while returned checks accounted for 2.9% of the total number of checks in circulation during August.

According to the statistics, the number of checks returned for financial reasons was 9,969 checks, representing 62.1% of the total number of returned checks, while the number of checks returned for technical reasons was 6,078 checks, representing 37.9%.

In terms of value, the value of checks returned for financial reasons amounted to about 65.2 million dinars, representing 56.8% of the total value of returned checks, compared to 49.5 million dinars for technical reasons, representing 43.2%.

In contrast, the number of checks in circulation during August increased to about 556,000 checks, compared to 489,000 checks in July, an increase of 13.7% during the month.

The total value of checks in circulation during August also increased to about 3.81 billion dinars, compared to 3.66 billion dinars in July and 3.48 billion dinars in June, recording an increase of 4% compared to the previous month.

Since the beginning of this year until the end of August, the total number of transactions through the electronic clearing system for checks was about 4 million transactions, with a total value of 27.2 billion dinars, according to JoBack data.

Know more about this story?Send us a tip

Al Rai

AI

Ask about this report — answers stay grounded in its text.

Answers are experimental and grounded in Al Rai reporting. Each question uses 2 credits.