Why didn't the electronic check run?
One of the most important points of the new Czech law is the issuance of electronic checks, but despite the fact that several months have passed since the legislator's obligation, the Central Bank has not yet taken any action in this regard.
According to the International Exhibition of Iranian Stone, about two years have passed since the announcement of the new Czech law for notification, during which time the law on issuing checks has experienced many ups and downs.
Activists in the field believe that the central bank is not determined to fully implement the law, especially in cases such as electronic checks, which were due in December last year.
Given the high benefits of full implementation of the law, including electronic checks, non-dependence on check carcasses, systematic check registration, and the central bank's inquiry system, the central bank is expected to quickly implement non-enforced materials.
The systematization of the check will greatly increase the confidence in this trading tool after execution and will lead to the prosperity of the business market, on the other hand, it will minimize counterfeiting and such problems.
* December this year; It's time to implement all the new clauses of the new Czech law
From December of this year, all the executive clauses of this law must be implemented. The new rules announced in the new law on issuing checks in 1397 included three categories, one of which was immediately operational, in this regard, we can mention the implementation of justice. Another set of clauses in the law required one year to implement, and another set had two years to implement.
One of the highlights of the new Czech law is the possibility of validation; In fact, the systems that the central bank is required to set up are two-way systems. On the one hand, the exporter must be able to enter the information, on the other hand, the recipient of the check must be able to see the credit of the issuer of the check. However, the Central Bank has not yet issued any operational instructions for the full implementation of these issues.
Legal experts stress that the central bank must tighten passive and neglected parts of the Czech law, including the validation of checks, the three-year ceiling for the validity of the checks it wants to issue, and the full conviction of those who issue unsolicited checks. Emphasize the banking network.
Also, the implementation of the deprivations of Article 5 of the Czech law must be promptly announced in a circular to the entire banking network, because unfortunately the implementation of Article 5 repeated in banks is applied as a matter of taste and under the pretext that the Central Bank has not issued the necessary directive. Banks are evading the implementation of this article.
* Electronic check; The risk of losing a check card eliminates theft or tampering
Explaining the benefits of the new Czech law, Motamedi, a university lecturer, said that electronic checks have many benefits over paper checks. "Electronic checks are listed in Article 1," he said. An electronic check is a result of this system and is not a separate phenomenon. However, the system must be fully implemented, of which the electronic check is a part. The implementation of electronic checks is a very good development, with the implementation of electronic checks, the missing fear of check checks, theft or manipulation will be completely eliminated and many crimes will be eliminated. Therefore, we can only ask the Central Bank to implement this backlog from December last year.
* Electronic checks prevent the issuance of counterfeit checks / Central Bank to notify the banking network of the ban on the issuance and transfer of checks in the carrier
Explaining the benefits of electronic checks, Yasser Moradi, a university professor and banking law expert, said: "The implementation of the electronic check law will prevent counterfeit checks and the transfer of checks will be much healthier and more systematic, while missing discussions and differences in content." We will no longer see the check.
It is suggested that even if the central bank fails to fully implement this step, it should at least notify the banking network of the ban on issuing and transferring checks in the carrier, which is explicitly stated in Article Twenty-one of the Czech law and should be operational from December this year. Slow down.
"It seems that the central bank has two important things to do now," he said. The first is to prepare the necessary infrastructure for electronic checks and temporary checks, and the second is to ban the transfer, issuance and transfer of checks to the carrier from December this year.
In addition, the current account guidelines, which the central bank is currently drafting and providing to banks and experts, and are hammering, should be implemented as soon as possible.
* Why does the central bank not have the will to implement electronic checks?
According to the report, the non-electronic nature of the check has led to a high percentage of face-to-face visits to bank branches related to the check area. This leads to a waste of customer time, reduced satisfaction and reduced bank productivity, while this issue can be greatly minimized with the electronicization of this issue.
The central bank's failure to launch electronic checks has disrupted the full implementation of the check issuance law. Given that the central bank, as well as public and private banks, has strong electronic infrastructure, it seems that the non-implementation of this clause of the Czech law is not due to the lack of infrastructure, but due to the lack of will of the central bank to implement it.
Given Corona's situation in the country, the implementation of this clause by the central bank will greatly help banks to perform non-face-to-face tasks and reduce the risk of disease due to physical presence in banks.
* Tasnim
