UAE sees $7.1bn of bounced cheques in first 5 months of 2018

Bounced cheques worth AED26.2 billion ($7.1 billion) were reported in the UAE during the first five months of 2018, according to official figures. The Central Bank of the UAE recorded a total of 515,000 bounced cheques, about 4.3 percent of the total value …
( read original story …)