Increase the validity of the check with the implementation of the new law

Increase the validity of the check with the implementation of the new law
  • 2020-12-21
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Member of the Economic Commission of the Parliament: The new check law makes the whole process of issuing and receiving the check online. This will have a special effect on the country's financial flows.

According to the International Iranian Stone Exhibition, Mehdi Toghyani, a member of the Economic Commission of the Islamic Consultative Assembly, said about the latest status of the new Czech law: The new Czech law was approved in the 10th Assembly. We followed this law in the 11th parliament. The system of systematic registration of check information in Sayad system has already been set up.

He continued: The Central Bank has announced that the carcass of the check will no longer be the axis and basis of Czech financial transactions. Because the check information will be recorded systematically.

The representative of the people of Isfahan, stating that the new check law will be implemented by the end of December, said: According to Central Bank officials, by the end of December this year, registration of check information in Sayad will be limited and pilot in several banks.

He added: "The new check law makes the whole process of issuing and receiving checks online." This issue will govern the country's financial flows in a certain order. The new check law reduces the number of returned and lost checks. As a result, the number of lawsuits related to checks is decreasing.

Registration of check information in the hunter, guaranteeing the security of check issuance

The new law on issuing checks was approved by the Islamic Consultative Assembly in December 1397 with the aim of increasing the validity and security of issuing checks and reducing crime and violations in this area. This law is written to prevent the occurrence of violations and it uses reasonable punishments for violators and bad people.

Another positive point of this law is that it is up-to-date and adapted to technology. For example, in this law, clauses such as registration of check information in the fishing system, electronic checks, validation, etc. have been added, and thus, many violations that Due to the lack of information registration in the centralized systems of the Central Bank, these cases will be minimized after full implementation.

The law on registering check information in Sayad system is one of the most important clauses of the new law on issuing checks, which has been implemented since December 13 of this year, according to the Central Bank, and will increase the security of issuing checks to a very high level. It is transferred from the check carcass to the hunter system and in case the carcass is lost or lost and it is stolen, it will not threaten the recipient or the beneficiary of the check. , Transparency is established in all Czech transfers and can be prosecuted if necessary.

* Tasnim