The Central Bank of Malta has launched a public consultation on proposed amendments to CBM Directive No. 19 to encourage the use of alternative payment methods to cheques, with a particular focus on promoting instant credit transfers as a faster, safer and more cost-effective option in line with evolving payment trends and recent regulatory developments.
Central Bank of Malta 2025-10-20
Central Bank of Malta launches consultation on amending Directive No. 19 to encourage instant credit transfers instead of cheques
The Central Bank of Malta has initiated a public consultation on proposed amendments to CBM Directive No. 19. The amendments aim to promote alternative payment methods to cheques, particularly instant credit transfers, as a faster, safer, and more cost-effective option.