9.5 Million Checks Transacted in 1 Month

A total of 9.5 million checks amounting to 866 trillion rials ($10.31 billion) were transacted in Iran during the fourth month of the current fiscal year that ended on July 22.
In terms of numbers, the checks registered a year-on-year increase of 4.4% and grew by 11.1% in terms of value compared with the same month of the previous year, IBENA reported.
From the total number of checks, about 1.4 million worth about 142 trillion rials ($1.69 billion) bounced in the aforesaid month.