Qatar Central Bank (QCB) yesterday issued new instructions and controls to limit the phenomenon of bounced cheques, allowing banks to inquire about their customers and view the history of their transactions, in terms of fulfilling financial obligations, so as to take appropriate decisions before issuing chequebooks. In this context, QCB Governor HE Sheikh Abdulla bin Saoud al-Thani inaugurated a new central system, to inquire about bounced cheques through the Qatar Credit Bureau, which includes all bank data of the customers who issued bounced cheques due to nil or insufficient balance. Under the new instructions, the Qatar Credit Bureau issues reports which list the names of the individual
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