Bounced Payments Down 22% In January-September

10.21.2014 By Andra Oprescu

Checks and promissory notes worth 5.8 billion lei (EUR1.31 billion) bounced in the first nine months of the year because banks could not find enough cash in the accounts of companies for the payments go through. Bounced payments are down 22% on the year-ago period, according to Romania’s central bank data.

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Keywords:
bounced payment
, check
, promissory note