Cheque Score News Today

The online service allows cheque receivers to assess the risk

The online service allows cheque receivers to assess the risk

New website serves to provide a push for financial accountability

Businesses and individuals can get an idea on a cheque’s chances of bouncing

Dubai National Insurance (DNI) has signed a Memorandum of Understanding (MoU) with Al Etihad Credit Bureau (AECB). The MoU underlines Dubai National Insurance’s commitment to transparency within the financial sector to serve customers better

Al Etihad Credit Bureau has launched ChequeScore, an mobile application that allows both businesses and individuals to instantly know how likely a cheque issued through a UAE-based bank is to bounce. Available on both iOS and Android devices, ChequeScore users will immediately be shown a score ranging from 1 to 99 percent indicating the probability of a cheque to bounce in the next nine months.

The ChequeScore mobile application is colour-coded, with the low probability to bounce coloured in green, medium probability to bounce in amber, and high probability to bounce represented in red.

DUBAI, 22nd February, 2022 (WAM) -- Al Etihad Credit Bureau (AECB) has launched ChequeScore, a mobile application that allows both businesses and individuals to instantly know how likely a cheque issued through a UAE-based bank is to bounce. "ChequeScore will help reduce the number of bounced cheques in the UAE," said Marwan Ahmed Lutfi, Chief Executive Officer of AECB. "Last year, bouncing a cheque was a criminal offense; however, with the new law decriminalising this in the beg...

Al Etihad Credit Bureau (AECB) has launched ChequeScore, a mobile application that allows both businesses and individuals to instantly know how likely a cheque issued through a UAE-based bank is to bounce. “ChequeScore