Ammon News - The number of checks in circulation in Jordan during January and February 2024 reached 1.1 million checks, with a value of JD6.5 billion, according to what was monitored by the Jordan Payments and Clearing Company (JoPACC).

The number of returned checks in Jordan decreased by 3.5% during February, compared to January, as it reached 18 thousand checks last month, compared to 18.7 thousand checks in January, according to statistics collected by JoPACC and monitored by Al-Mamlaka TV.

The value of returned checks for February 2024 amounted to JD125 million, compared to JD143 million in January, with a decrease of 12.6%.

12,366 returned checks worth JD87.4 million in February were for financial reasons, while more than 5.6 thousand checks worth JD37.5 million were for technical reasons, as the percentage of checks returned for financial reasons reached 69.9% compared to 30.1% for technical reasons, the statistics added.

During last February, the number of checks in circulation in Jordan reached 523 thousand checks, compared to 537 thousand checks in the previous January, a decrease of 2.7%.

The value of checks traded during February amounted to JD3.25 billion, compared to JD3.35 billion in January, a decrease of 2.8%.