Value of bounced cheques in UAE declines to Dh15.7 billion in first quarter | GulfNews.com:
"Using cheques to settle bills, from rents, utilities to big-ticket purchases, remains popular in the UAE, but it looks like people have smartened up or gotten extra cautious when dealing with non-cash transactions. The latest official data show that there have been fewer bad cheques intercepted in 2018 than in 2009, when many consumers and businesses around the world were not in the best of shape due to the global financial crisis. According to the latest data from the UAE Central Bank, more than seven million cheques changed hands in various transactions in the UAE during the first three months of the year, and at least 310,000 of them bounced."
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