Cheques will no longer be used in the national payment system
Last Modified Date:
2020-12-01, 11:56 AM
Media > Media Releases
The South African Reserve Bank (SARB), Financial Sector Conduct Authority (FSCA), Payments Association of South Africa (PASA) and the Banking Association South Africa (BASA) are jointly communicating to the public that the issuing and the acceptance/collection of cheques will cease, effective from 31 December 2020.