The Central Bank of Tunisia (BCT) has just published a new circular no. 2024-14 on the obligations of banks with regard to cheque transactions.
This circular sets out the obligations and procedures incumbent on banks with regard to cheque transactions and the management of related payment incidents in accordance with the provisions of the Commercial Code, as amended and supplemented by Law No. 2024-41 of August 2, 2024.
The new circular cancels and replaces all previous provisions to the contrary, in particular circular no. 2007-18 of July 5, 2007 addressed to credit institutions, and enters into force on the date of its publication.
