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Nedbank will cease issuing cheques from September

Nedbank will stop issuing cheques from September - Nedbank will cease issuing cheques from September

Nedbank says that it’s going to begin phasing out cheques as its purchasers transfer to safer and cost-effective fee strategies. That is consistent with different banks in South Africa, it mentioned, noting that the transfer is in response to steadily declining demand for, and acceptance of, cheques as a fee mechanism by South African shoppers and companies lately. The gradual …

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