The time of submission of electronic check was announced – Tejaratnews

According to Tejarat News, read the details of providing electronic checks below.

The vice president of new technologies of Central Bank said: Electronic checks have been launched in three banks and these banks have presented their products.
Mehran Moharmian said: Regarding the electronic check, it should be said that at the beginning of any project there may be technical problems.

He says: Electronic checks were launched in three banks and they have presented the final product of their electronic checks.

He says: the project is complicated, it is assumed that even the banks that have not done their work will have a part of it transferred to the next year due to the fact that at the end of the year, the banks do not make changes from Bahman and go to the management of their transactions, a certain speed of changes It slows down.

He said: It is assumed that we will be able to complete the banks in the electronic check section early next year.

An electronic check works exactly the same as a paper check. All check laws are applicable to it, and in simpler language, electronic check is a digitalized version, a paper one that is credited with the issuer’s electronic signature, and the desired amount is electronically withdrawn from the issuer’s account and deposited into the recipient’s account.

Advantages of electronic checks

For this purpose, the Checkad system has been launched with the aim of creating a platform to provide a secure digital check and eliminate the possible risks of paper checks, which will provide the possibility of online management and monitoring of check exchange for the banking network and the central bank.

Ali Salehabadi, the Governor General of the Central Bank, in the unveiling of the electronic check, pointed out the importance of the validity of the check in this regard and said that “one of the goals of the checkad system (secure electronic check) is to validate the check, and after the system starts working, the recipient of the check He trusts the check more. “

Mohammad Safai Deloi, a member of the Economic Commission and the representative of the people of Gonabad in the Islamic Council, told Ibena reporter about the benefits of digital checks: Digital checks reduce violations and if there is no money in the account of the issuer of the check, it is possible to issue it. It will not have.

This member of the Economic Commission further added: Monitoring will be intensified with digital checks, and precisely because of this, the number of returned checks will decrease in the courts, but it comes with disadvantages and makes some work difficult.

He explained about these disadvantages as follows: Since checks have been used in the traditional way for many years, it will be a bit difficult to work with the digital form, it should be made easier for all members of the society so that the activists in the business field get to know this method. ; Therefore, the digital check mechanism should not be too complicated, and people with low literacy who do business can use it to advance their work and do their economic work as in the past.

Source: Reporters Club