Central Banking

HKMA 's Cheque Imaging System

Live Operation of the Hong Kong Monetary Authority's Cheque Imaging and Truncation System, 10 April.

Source: HKMA

The Hong Kong Monetary Authority (HKMA) and Hong Kong Association of Banks (HKAB) jointly announced today (Thursday) that the new Cheque Imaging and Truncation System (CITS) will commence operation on 21 June 2003.

With the CITS, the new image-based cheque clearing method will transform the current clearing process driven by physical exchange of cheques. Under the CITS, low-value che

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: