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New ChequeScore app to help reduce bounced cheques

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.
Marwan Ahmed Lutfi Central Bank Image Cheque Clearing System Al Etihad Credit Bureau Cheque Score Image Cheque Clearing System Chief Executive Officer
Source: sme10x.com

Emirates News Agency - Al Etihad Credit Bureau launches ChequeScore mobile application

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...
United Arab Emirates Marwan Ahmed Lutfi Central Bank Image Cheque Clearing System Al Etihad Credit Bureau Etihad Credit Bureau Chief Executive Officer
Source: wam.ae

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