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.
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