Number of Unpaid Checks Decreased by 27.1% in October

In October, the number of checks presented to the Takasbank Check Clearing System that remained unpaid showed a decline compared to the previous month. According to the Takasbank data published in the Central Bank of the Republic of Turkey (CBRT) EVDS system, the number of bounced checks in the previous month was at 25,523, while in October this figure decreased by 27.1% to 18,619. The total amount of bounced checks decreased from 15.26 billion TL in the previous month to 11.82 billion TL.

The total number of checks presented decreased from 1,407,588 to 1,028,978, with the value dropping from 596.3 billion TL to 513.7 billion TL. The number of checks subject to netting fell from 1,347,566 to 983,078, while their total value decreased from 548.9 billion TL to 474.4 billion TL.