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تونزي تيليغراف
Deputy urges Tunisia to end "value date" system
The deputy representing the Ben Arous Governorate in the Regional and Local Authorities Council, Marwan Azzaïni, criticized the "value date" system used by Tunisian banks, calling for its abolition due to unjustified financial deductions that affect citizens. He explained that this system, which was initially established to address the time gap in clearing processes, has now become a source of phantom deductions through the calculation of interest and penalties on accounts, causing harm to a wide segment of Tunisians—particularly employees, retirees, and small business owners. He also pointed out that some banks apply time differences that lead to accidental overdraft withdrawals. There are hopes to review the technical aspects of the system to align with digital advancements and enhance transparency in banking transactions.
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