It looks like our country’s economy is gradually recovering from the economic collapse of the previous years. Cheques have returned to the country’s banking system.
The Bankers’ Association of Zimbabwe said in a statement that local commercial banks would start with immediate effect to issue their customers with chequebooks, for the first time in a year.
The Bankers’ Association said chequebooks will be denominated in US dollars and personal account holders will only be able to issue cheques up to a maximum of only 200 US dollars, and companies can write up to 500 US dollars.
Related posts:
- Zimbabwe: New system to speed up transactions in the banking sector
- American Express suspends the sale of traveller’s cheques in Zimbabwe
- When is the right time to return to Zimbabwe?
- Morgan Tsvangirai to return to Zimbabwe, Mugabe admits election disaster
- Morgan Tsvangirai delays return to Zimbabwe