Bounced Payments Hit Ron800M In November, Up 55% On The Year

12.23.2014 By Liviu Popescu

Checks and promissory notes worth 807 million lei (EUR180 million) bounced last month, 55% above the level of the same period of last year, according to central bank data. The payments bounced as banks could not find enough cash in the accounts of the clients that initiated them.

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Keywords:
bounced payments
, checks
, promissory notes