Bahamas Cheque Services Ltd.

Bahamas Cheque Services Ltd. President Leslie Fraser and Owner of Executive Printers Pierre Dupuch went on the Morning Blend to discuss the Central Bank of The Bahamas Strategy to eliminate checks.

They discussed the many need for cheques to continue in the economy:
Older people use cheques over online banking
Thousands of Businesses use cheques on a daily basis.
The US and Canada still use cheques
The cost to use and clear cheques in the banks is very low.
Cheque fraud accounts for less than 1% of annual fraud, with 99% being online transactions, debit and credit card fraud.

Overall we believe that cheques are still very necessary, especially for businesses to conduct daily transactions, pay bills, send large payments safely etc.

This is my bro Peanut, he was my grandma's bodyguard for about 10 years, after she passed our family vultures were bout to drop him at the pound when I decided that I'd take him in. That was over 8 years ago and I've taken him all over the world and offshore several different oceans and seas. He is not my dog he is my best friend.

Credits goes to the respective owner ~
Follow us

We are currently experiencing an outage with our Cable Bahamas services.

Please call 427-6891
or email [email protected] to place an order.

We apologize for the inconvenience caused.

News Report: Chamber chairman asks the govt to delay audit requirement on large companies

In his first press statement as chairman of the Bahamas Chamber of Commerce and Employers’ Confederation (BCCEC), Timothy Ingraham, on behalf of the business community, is calling on the government to delay its requirement for businesses with turnover of more than $5 million to have audited accounts by April next year. He contended that the Department of Inland Revenue (DIR) has other ways of targeting companies not paying adequate taxes for now.

“The Chamber is of the opinion that this timeline is too aggressive for most of the impacted businesses,” said Ingraham.

“An audit demands that businesses maintain very detailed financial records, and these must be assembled over a period of time. Many Bahamian businesses have not traditionally maintained this detailed level of financial records,” Ingraham’s statement said. "A delay of 12 months will allow the impacted businesses to prepare these records. To force some businesses into an audit at this time could lead to many failed audits."

Head over to the BCCEC In Action Blog to read the entire news article >>> https://www.thebahamaschamber.com/post/news-report-chamber-chairman-asks-the-govt-to-delay-audit-requirement-on-large-companies

Cheques are still an easy, efficient and safe way to pay!

The Central Bank of the Bahamas has decided to drop its mandate of cheque elimination. That means all the small, medium and large scale businesses that we currently service will still have the option of using cheques.

We also offer; deposit books, deposit bags, invoices, custom forms, receipt books, business cards and more!

We print checks for all major banks including Bank of the Bahamas, Royal Bank of Canada, Scotiabank, First Caribbean International Bank, Fidelity Bank and Commonwealth Bank.

Call or email us for a free quote today!
677-8720
[email protected]
www.bahamaschequeservices.com

http://www.tribune242.com/news/2023/oct/05/central-bank-drops-2024-cheque-elimination-target/ #:~:text=The%20Central%20Bank%20of%20the%20Bahamas.&text=The%20Central%20Bank%20has%20abandoned,adjust%2C%20its%20governor%20affirmed%20yesterday.

Bahamas Cheque Services Ltd. Leading cheque supplier of The Bahamas and Turks and Caicos Islands

- Effective 2 January 2024, CIBC FirstCaribbean will make changes to the fee structure for online wire transactions for all client transactions on Personal and Corporate Online Banking in The Bahamas.

The Elimination of Cheques has been postponed and we have definitely seen and felt the appreciation from our customers!

Thank you, Thank you , Thank you!
We appreciate all of the support and are happy to continue to provide for all of your business needs.

Here's a reminder that we are more than just cheques; we also provide Invoices, Continuous Forms, Deposit books and Disposable Deposit bags.

Call or email us to place your order or get a quick, free quote.
Email: [email protected]
Phone: 677-8720

Bahamas Cheque Services Ltd. Leading cheque supplier of The Bahamas and Turks and Caicos Islands

Diane Phillips & Associates

Share your thoughts on the Proposed Strategy to Eliminate Cheques... if you are a business or individual who uses cheques your opinion matters.

Bahamas Cheque Services Ltd. Leading cheque supplier of The Bahamas and Turks and Caicos Islands

Make deposits simple and easy with our Tamper Evident Secure Deposit bags.

Special introductory price of 100 for $50.00.
Available in Clear or Opaque style bags.

Contact your Customer Service Representative or email us directly at [email protected]

Phone 677-8720

Try a sample pack of 10 for $7.00
Larger quantities available to order.

Bahamas Cheque Services Ltd. Leading cheque supplier of The Bahamas and Turks and Caicos Islands

Good morning!
Our Phone lines are currently down due to a technical issue at Cable Bahamas

If you need assistance please email [email protected] or call 427-6891

We will be closed on Wednesday November 9th. And will reopen on Thursday November 10th.

You can still place orders via email to [email protected].

Good day to our customers.

Our main phone lines are currently down.

Please call 393-6997 or 427-6891 if you need assistance.

Or email [email protected].

We apologize for any inconvenience caused.

The time has come, the 2022 Wine and Art Festival is here! After a 2- year wait, we're excited to bring back The Bahamas' Premier Art and Culture Festival!

Save the date: October 29th and 30th, see you at The Retreat!

Stay tuned, we'll be sharing more information about this year's festival soon. We have some exciting things planned!

Our main phone lines (677-8720/1/2) are currently down, if you need to reach us please call 393-6997 or email [email protected]

We apologize for the inconvenience.

Unfair banking practices - The Nassau Guardian Dear Editor, The following is the body of a letter sent to the Central Bank governor a week ago for attention. To date, however, I have not received acknowledgement of same, and would, therefore, wish to share it with the public in your publication as well as on social media so that many more of

Very interesting

Canadians Have Deposited Over a Million eCheques on the CIBC App | BetaKit CIBC says that over a million echeques have been deposited using its mobile app for iOS and Android.

The only two major check printers in the country said The Central Bank of The Bahamas (CBOB) will end their business with the planned elimination of checks. https://thenassauguardian.com/check-printers-lament-central-bank-plan-to-eliminate-checks/

Central Bank Governor John Rolle said yesterday that the bank is “very cognizant of the pain points that need to be addressed”, particularly surrounding electronic payments in lieu of checks.https://thenassauguardian.com/rolle-central-bank-addressing-pain-points-surrounding-elimination-of-checks/

There’s still thousands of Bahamian businesses who rely on cheques for their daily operations.

Is it really on the way out?

Is Cheque Printing on its Way Out? | A1 Security Print With the rise of contactless payments and digital transactions, it is perhaps unsurprising that many people don’t use their chequebooks as often as they used to. The Cheque and Credit Clearing Company (C&CCC) figures indicate a 60% drop in the number of cheque payments made in the UK between 2014 ...

The Central Bank of the Bahamas has announced they will be discontinuing the use of Bahamian Dollar checks as of 2024.

The Central Bank of The Bahamas has announced they are open to feedback regarding this strategy.

If you wish to express your concerns or suggestions please send emails to [email protected] and/or [email protected].

Central Bank Governor John Rolle said yesterday that the bank is “very cognizant of the pain points that need to be addressed”, particularly surrounding electronic payments in lieu of checks.https://thenassauguardian.com/rolle-central-bank-addressing-pain-points-surrounding-elimination-of-checks/

Deposit books and Deposit bags are available for all businesses in the Bahamas for all Banks. With a turnaround time of 3-5 business days, you can have customized Deposit books to use for your business deposits.

Deposit bags are also available.

Call or email to order:
677-8720 /[email protected]

Deposit cheques safely and quickly into ATMs in The Bahamas. Personal cheques, business cheques and Quickbooks cheques can all be deposited directly into your account via ATMS.

Cheques are still the safest way to make payments in the Bahamas for your business or personal use.

Email [email protected] or call 6778720 to order your cheques today!

Bahamas Cheque Services Ltd. Leading cheque supplier of The Bahamas and Turks and Caicos Islands