Decline in Check Usage Confirmed
The reduced use of checks is now a confirmed reality, seven months after the introduction of new rules governing this payment instrument. The figures up to the end of September 2025 confirm this. In the first nine months of the year, 6,012,400 checks were processed through telecompensation, compared to 18,579,100 at the same time in 2024. This represents a 67.6% year-over-year decline. If we consider only the second and third quarters of 2025, which correspond to a full period with the new regulations, we see that only 3,669,000 checks were processed, compared to 12,438,400 during the April-September 2024 period, a significant drop. In terms of value, the amounts processed reached 40,936,400 MTND by the end of September 2025, compared to 96,395,500 MTND during the same period in 2024. During the second and third quarters, the total value of processed checks was 24,725,800 MTND, compared to 65,274,300 MTND in 2024. This decline has benefited other payment methods, such as promissory notes, which saw their number reach 3,362,100 in nine months, compared to 1,292,000 last year. In terms of value, the amount reached 40,011,600 MTND, compared to 25,162,300 in 2024. The overall volume of promissory notes is approaching that of checks and is expected to surpass it by the end of the year. Transfers and direct debits totaled 58,005,100 MTND and 23,049,100 MTND, respectively. It is worth noting that the amounts processed through compensation reached 162,002,200 MTND by the end of September 2025, compared to 180,782,200 MTND at the same time in 2024. This represents a decline of 18,780 MTND over a rolling year. Therefore, it is not surprising to see an increase in the circulation of banknotes and coins.
