The Central Bank of Taiwan published its June overview of dishonored checks due to insufficient funds, showing 3,557 dishonored checks, equal to 0.07% of total checks cleared. Their value reached TWD 3.5 billion, or 0.30% of the total value of checks cleared. The release also showed a sharp month-on-month rise in overall check clearing activity, with 4.8 million checks cleared worth TWD 1.16 trillion. The increase in check clearing volume and value was mainly attributed to one additional business day and two month-end peak days compared with the previous month. The lower share of dishonored checks by number, down 0.01 percentage point, contrasted with a higher share by value, up 0.06 percentage point, reflecting more dishonored checks from accounts whose aggregated dishonored check values were TWD 100 million or more. By account type, corporate accounts accounted for a smaller share of dishonored checks by volume, down 0.68 percentage points month on month, but a larger share by value, up 5.73 percentage points, while personal accounts moved in the opposite direction.