BoZ advises public to ignore notice on phasing out of cheques
Published On July 10, 2024 » 383 Views» By Times Reporter » Business, Stories
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By SNIKE MZULAH and KETRA KALUNGA –
THE Bank of Zambia (BoZ) has advised the general public to ignore a notice circulating on social media on the phasing out of cheques as an instrument of payment in the country.
BoZ Assistant Director-Communication Besnat Mwanza says the central bank is currently discussing the possibility of phasing out cheques with stakeholders.
Ms Mwanza said in a statement that the notice currently circulating on social media platforms titled “public notice on phasing out of cheques” was not issued by BoZ.
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