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Yes, Bank of Zambia (BOZ) to phase out the use of cheques as a payment instrument by 31st December 2025

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Yes, the Central Bank will phase out the use of cheques as a mode of payment in the country. iVerify Zambia contacted the Bank of Zambia through the Assistant Director of Communications, Ms. Besnat Mwanza, who confirmed this. This move is part of the National Payment System Vision and Strategy 2027.

Verified Feb, 19 2025

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