Qatar Chamber panel reviews controls to limit cases of bounced cheques ...Qatar

Qatar Chamber’s Banking and Investment Committee recently held a meeting to discuss the newly-issued instructions and controls by the Qatar Central Bank (QCB) to limit the cases of bounced cheques, as well as the expected effects of these instructions on economic activity. During the meeting, which was presided over by Qatar Chamber board member Nasser Sulaiman al-Haidar, the committee members welcomed the procedures that aim to address the issue of bounced cheques. The meeting also discussed preventing the issuance of new cheque books for individuals and companies that issued bounced cheques, as issuing new cheque books is related to the payment of bounced cheques in accordance with QCB’s

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