23.39 billion dinars is the value of checks in the electronic clearing system
Amman1 min read
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The Jordan Payments and Clearing Company (JoPACC) revealed that the total value of financial transactions in the electronic check clearing system during the first seven months of the current year reached 23.39 billion dinars.
In the same context, the Jordan Payments and Clearing Company revealed, through the report it announced under the title "Monthly Payment Systems Reports – July 2024," that the number of financial transactions in the electronic check clearing system during the seven months extending from January of this year to July reached 3.44 million transactions.
Regarding the value and number of checks circulated during the three months from last May to July, the report revealed that their value in May reached 3.33 billion dinars, with 552 thousand checks circulated. Meanwhile, the value of checks circulated in June reached 3.48 billion dinars, with 510 thousand checks circulated. The value of checks circulated last July recorded 3.66 billion dinars, with 489 thousand checks circulated.
It is worth noting that the report also revealed that the value of returned checks during the fifth month of the current year reached 103.6 million dinars, reaching 98.9 million dinars the following month, while it recorded 88.3 million dinars in the seventh month.