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SBP to Start Electronic Cheque Clearing Pilot on Oct 15, Targets Nationwide Rollout by April 2027

Copyright protected content copied from PhoneWorld website. A cheque is still a piece of paper that has to travel. From October 15, the State Bank of Pakistan (SBP) will begin testing a system in which the paper stays put and its image does the moving. The central bank announced that it will start a pilot of electronic cheque clearing. The new setup … The post SBP to Start Electronic Cheque Clearing Pilot on Oct 15, Targets Nationwide Rollout by April 2027 appeared first on PhoneWorld.

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