Displaying items by tag: checks

The digitalization of checks or truncation of checks is a law that was approved by the previous legislature and seeks to improve the country's economy by facilitating access to financial resources in a faster way, which in turn reduces the time and costs of moving these transactions.

The deputies of the Financial Commission continued with the study of the initiative that contains reforms to the Commercial Code to incorporate article 838, paragraphs A and B, and to implement the truncation of checks.

The Banco de Desarollo de El Salvador (BANDESAL) as the entity in charge of the Fideicomiso para la Recuperacion Económica de las Empresas Salvadoreñas (FIREMPRESA) in conjunction with the municipal government of Santa Ana, made the delivery of checks to vendors affected by the fire.