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.