The Bank of Zambia says the notice currently circulating on social media platforms titled “Public Notice on Phasing out of cheques”, has not been issued by the Bank of Zambia.
BoZ Assistant Director Communications Besnat Mwanza says the central bank is however currently discussing the possibility of phasing out cheques with stakeholders saying that consultations are still ongoing.
Ms. Mwanza says the central Bank will accordingly issue a public statement once the engagements are concluded and a decision made.
“Members of the public should therefore ignore the said public notice,” said Ms. Mwanza in a statement issued to RCV News in Lusaka today.
By Angel Kasabo
