National Payments Strategy Developments (NPSD)

Private sector cheques to be discontinued

The NPC is comprised of senior executives from BPNG, Financial Institutions, and the Government.

Despite the improvement in clearance times to currently two (2) days, following the launch of the Kina Automated Transfer System (KATS) in 2013, cheques are still considered a higher risk for fraudulent use and cause longer processing times and inconvenience when dishonored. The government is also shifting towards electronic payments. The use of government cheques will not be affected by this decision.