The Central Bank of Taiwan published July check clearing data showing that 4.3 million checks worth TWD 1.15 trillion were cleared. Volume fell 11.14% from June, while value declined 1.21%, primarily because July had one month-end peak clearing day compared with two in the previous month. Insufficient-funds checks totaled 3,202, or 0.08% of cleared checks, up 0.01 percentage point. Their value was TWD 3.4 billion, or 0.29% of the total cleared value, down 0.01 percentage point, reflecting fewer dishonored checks from accounts with aggregate dishonored values of at least TWD 100 million. Corporate accounts' share of dishonored-check volume fell 1.23 percentage points, while their share by value rose 9.67 percentage points, with personal accounts moving in the opposite directions by similar amounts.
Central Bank of Taiwan reports July check clearing volume down 11.14%, value down 1.21%
The Central Bank of Taiwan reported that July check clearing volume fell 11.14% to 4.3 million, while value declined 1.21% to TWD 1.15 trillion, mainly because there was one fewer month-end peak day. Insufficient-funds checks represented 0.08% of cleared volume and 0.29% of cleared value.