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July saw 13,800 bounced checks worth 88.3 million dinars
Last July, the value of bounced checks in Jordan decreased to 88.3 million dinars, compared to 98.9 million in June, with 13,800 bounced checks recorded. The percentage of bounced checks out of the total checks circulated was 2.41%. The reasons behind the bounced checks varied between financial and technical issues, with financial reasons accounting for 63.1% valued at 50.9 million dinars, and technical reasons making up 36.9% valued at 37.5 million dinars. Additionally, the number of checks processed declined by 4.2% to reach 489,000 checks. Since the beginning of the year, the total number of banking transactions has amounted to 3.44 million transactions, with a total value of 23.39 billion dinars.
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