Professor of Economics at the University of Carthage, Moez Souissi, presented on Thursday during the program Midi Eco a series of figures regarding the check law, which came into effect nearly a year ago, on February 2, 2025.
He noted that “it is still too early to fully assess it, as not all provisions have been implemented yet, particularly support for alternative payment solutions.”
Souissi revealed that the data shows a historic decline in check usage during the first nine months of 2025 compared to 2024, highlighting the following:
- Number of automatically cleared checks: down 67.9%.
- Monthly average of amounts paid by check: fell from 2,041,000 dinars in 2024 to 655,000 dinars in 2025.
He emphasized that many check users are now turning to promissory notes, noting that this payment method requires significant trust between parties or large amounts secured with strong guarantees.
Regarding promissory notes in the first nine months of 2025 compared with the same period in 2024, Souissi reported:
- Number of promissory notes: up 151.9%.
- Monthly average: increased from 150,000 in 2024 to 377,778.
- Value: rose from 2,829 dinars to 4,421 dinars.
- Rejections: increased 121% in number and 389 million dinars in value.
