The value of returned checks rose to JD134.4 million in September, compared with JD114.7 million in August, accounting for 3.54% of the total value of checks processed over the past three months.
A total of 15,100 checks were returned last month. Of these, 61.1%, or 9,198 checks, were returned for financial reasons, while 38.9%, or 5,858 checks, were returned for technical reasons.
The number of checks processed in September fell by 4.3% to 532,000, with a total value of JD3.8 billion, compared with 556,000 checks worth JD3.81 billion in August.
According to statistics from Jordan Payments and Clearing Company (JoPACC), the total value of checks processed in Jordan during September stood at JD3.8 billion, down 0.3% from August.
The value of checks processed in Jordan from the beginning of this year through the end of September reached JD33.81 billion.
The number of checks processed in Jordan last year stood at 6.51 million, with a total value of JD40.3 billion.
