Why is the new check law not enforced?
With the approval of the new law on issuing checks, clauses have been updated and added to the old law in accordance with the latest technology in the world. Among these, the law of electronic check was one of the most important of these clauses, which, if implemented, will increase the security of transactions with checks several times.
According to the International Iranian Stone Exhibition, almost two years have passed since the approval of the new law on issuing checks. The laws added to the new law must be implemented within the legal deadlines and presented to the people. One of these legal clauses is the law of electronic checks, which has been in force for months, which is December 2016.
The many advantages of this law make it very important and with its implementation, significant progress will be made in the field of electronic banking. However, the Central Bank, as the custodian of the country's banking affairs, has not taken any positive steps to implement electronic checks and people are still waiting. Creating this service are useful.
With the implementation of the law of electronic checks, citation to paper carcasses is eliminated
The benefits of the new check law can be examined in several ways, firstly, with the implementation of the electronic check law, the reference to paper carcasses is eliminated and this advantage prevents the occurrence of several violations, including forgery, manipulation and theft. The Czech noted that a large number of these cases are seen in the country every year. By reducing these violations, positive events will occur, such as reducing court cases in the courts and eliminating the costs of litigation, psychological and financial security of the community, and so on.
On the other hand, with the implementation of the electronic check law, the issue of missing paper checks will be minimized and will calm the holders of checks, because so far, the only official document from the issuer that is with the check holder is the check carcass. It, the holder of the check can no longer claim.
One example of this is the Plasco building fire, in which a large number of checks were burned and the holders of those checks had great difficulty in collecting their claims. Another example of these missing persons is the floods of the past few years that caused the destruction. A large number of financial documents, including checks, have caused a lot of problems for people.
Systematic registration of check information, security guarantor and prevention of money laundering
With the implementation of the electronic check law, all transactions in the check box are registered systematically and the amount, date of receipt, date of receipt and other legal cases of issuing the check are done completely electronically. This eliminates the problem of the check on the bearer side, because each time the check is transferred, the information must be re-entered in the system and the information edited, thus reducing the issue of money laundering and tax evasion and the country's financial system is greatly reduced. , Will monitor transactions with a lower error rate and higher supervision.
Another advantage of the electronic check law is that there is no need to follow up in person at the bank. At present, many banking services such as money transfer, electronic shopping, payment of bills, ticket purchase, etc. are done using electronic banking, and this makes people comfortable and saves their time and money. Considering that many of the country's commercial transactions take place in the context of checks, by implementing electronic checks, it is possible to reduce the congestion of people in banks and even be effective in issues such as reducing traffic and not harming the environment.
Electronic checks reduce bank visits and reduce the risk of coronary heart disease
Apart from these issues, the prevalence of coronary heart disease has also increased the importance of performing electronic checks. According to the country's statistics, an average of 350,000 checks are settled daily in the country. The high volume of this number of checks and the pursuit of settlement in banks is contrary to the health protocols announced by the National Corona Virus Headquarters, and if this trend continues, people will be more exposed to the virus. With the introduction of electronic checks, people's visits to the bank for check-related matters are greatly reduced and the risk of coronary heart disease is reduced.
Definitely, every day of delay in the implementation of the electronic check law will help the growth of coronary heart disease due to the face-to-face visits of people to the bank. The central bank must implement this clause of the new law on issuing checks, which has already expired, with extraordinary planning, otherwise, we will see more and more people suffering from overcrowding in centers such as banks.
* Tasnim
