Iran Check Payments

EghtesadOnline: More than 9.9 million checks worth about 794 trillion rials ($18.78 billion) were exchanged in Iran during the second month of the current fiscal year (ended May 21), which indicated a respective increase of 47.7% and 70.3% in terms of numbers and value when compared with the previous month. According to IBENA, a news outlet affiliated with the Central Bank of Iran, about 3.7 million checks worth over 456 trillion rials ($10.78 billion) were issued in Tehran during the period.