Registration of check information in "Sayad" will be mandatory from next year

Registration of check information in "Sayad" will be mandatory from next year
  • 2020-12-24
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Director of Central Bank Payment Systems Department: Registration of checks in Sayad system is optional until the end of the year, but from next year, registration of checks in this system will be mandatory.

According to the Iran International Stone Exhibition, Davood Mohammadbeigi, regarding the implementation of some provisions of the Czech law, said: Regarding the implementation of all provisions of the Czech law, the necessary infrastructure has been prepared by the Central Bank and the banking system, but to reduce the number of people referring to bank branches. According to Note 1 of Article 21, which required banks and credit institutions to control and then process information in the fisherman's system during the processing and processing of checks, this action was delayed.

Emphasizing that the decision of the Corona headquarters was to reduce the pressure and duties on the banks, he added: "Other provisions of the law are still valid, but this part of the law that banks are required to check the information in the fishing system to make checks." Take action, until further notice has been removed from the banks.

The director of the Central Bank Payment Systems Department continued: "Our emphasis to the people is to register these checks in the Sayad system, because it is optional to register checks in the Sayad system until the end of the year, but from 1400 it will be mandatory to register checks in this system." Other provisions of the law are ready to be implemented.

According to Mohammad Beigi, in this part of the law, due to the reduction in the number of referrals and compliance with health protocols, as well as training people to use applications and… during this period, this opportunity is given to people for several months until next year. This section is also mandatory and mandatory.