The Central Bank of Taiwan released its March check clearing statistics, showing a sharp month-on-month rise in both the number and value of checks cleared and a modest uptick in dishonored checks due to insufficient funds. Checks cleared totaled 5.16 million, up 39.17% from the previous month, with a total value of TWD 1.19 trillion, up 44.03%. The increase was mainly attributed to March having eight more business days and two month-end peak days versus one previously. Dishonored checks due to insufficient funds totaled 3,735, representing 0.07% of all checks cleared, up 0.01 percentage points, while their value was TWD 4.1 billion, or 0.34% of total clearing value, up 0.06 percentage points, driven by more dishonored checks from accounts with large dishonored-check amounts of TWD 100 million or more. By account type, the corporate share of dishonored-check volume rose 0.11 percentage points month on month, while corporates’ share of dishonored-check value fell 13.82 percentage points, with personal accounts moving in the opposite direction. The next press release is scheduled for May 27, 2026, at 4:20 PM.
Central Bank of Taiwan 2026-04-27
Central Bank of Taiwan publishes March check clearing data showing 39% rise in volumes and a slight increase in dishonored checks
The Central Bank of Taiwan reported a sharp month-on-month increase in March check clearing activity, with 5.16 million checks cleared worth TWD 1.19 trillion, up 39.17% and 44.03% respectively, mainly due to more business and month-end peak days. Dishonored checks due to insufficient funds rose modestly to 3,735, or 0.07% of volume and 0.34% of value, driven by more large-value dishonors, with corporate and personal account shares moving in opposite directions for volumes and values.