CBK Announces Launching Automated Cheques Clearing System
26.05.15 Press Release CBK Announces Launching Automated Cheques Clearing System His Excellency, The Governor of the Central Bank of Kuwait (CBK), Dr. Mohammad Yousef Al-Hashel stated that in keeping with efforts to develop the business environment for banks, and to facilitate automation of various banking activities - with the ultimate aim of improving banking services provided to the public - the CBK’s Board of Directors has approved an automated cheque clearing system as an alternative to the current procedure of processing cheques manually. His Excellency, The Governor indicated that the CBK has been cooperating closely with local banks for about two years in implementing this system. Mo