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Bounced cheques of €438,000 were presented in April

11/05/2022 11:49

Bounced cheques worth €438,000 were presented to Cyprus banks in April, according to data announced by the CBC on Wednesday. This is the largest monthly value of bad cheques presented at least since 2020, and it corresponds to more than half of the total amount of bad cheques presented throughout 2020.

In January 2022 the total amount of bounced checks presented was €149,558, in February € 93,811 and in March €64,852. In total, in 2021, the bounced cheques were worth €933,945, and €741,700 in 2020.

According to the CBC data, the number of individuals and legal entities registered in the preliminary list from January to April 2022 amounts to 81, while 69 persons were registered in the Central Information Registry (CIR) during the same period.