Notices

SEYCHELLES BANKERS ASSOCIATION

Jan 3, 2024, 06:53 AM
Title : SEYCHELLES BANKERS ASSOCIATION
Summary : SEYCHELLES BANKERS ASSOCIATION
Date : Jan 3, 2024, 06:53 AM

 

Seychelles Bankers Association

 

With the aim of improving on Foreign Currency payments between local banks, the Seychelles Bankers Association wishes to inform the general public that with effect from October 1, 2023, banks will discontinue issuing Foreign Currency Cheque Books. Clients who have such cheque books will have up to December 31st, 2023 to utilise them.

Effective from January 1st, 2024, banks will no longer accept Foreign Currency Cheques drawn on local banks for clearing (with the exception of cheques drawn before the said date).

Clients who currently are utilising such chequebooks are being encouraged to start utilising other payment systems available within the bank.