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BREAKING NEWS
Cristian Espinosa was appointed Ambassador of Ecuador to the United States
Daniel Noboa receives the credentials of the new United States ambassador
40,000 women will receive scholarships in higher education
Julian Assange released from prison, after agreement with the United States
Armed Forces: Criminal gangs have lost USD 1.2 billion due to military operations in Ecuador
Minister of Defense: “It is not fair that some risk their lives, while others play with justice”
How can green banana flour enhance baked goods?
“I’m crazy for wanting to serve my country,” says Daniel Noboa at the presentation of “La Cárcel del Encuentro” in Santa Elena
Construction of the Encuentro maximum-security prison in Santa Elena begins
National blackout in Ecuador due to transmission line failure, confirms the Government

The new checking law is valid since Monday

Posted On 26 Sep 2014

chequesFrom September 29 the new reforms to the Checking Act are effective.

Among the changes is the deadline for submission of payment, which will be within 20 days from the date of issue (in checks drawn on and payable in the country).

To fill the new checks it will only be permitted dark ink colors.

The date format to fill in the new checks must now maintain the order: year, month and day.

The new law also bans to place on the checks stamps or legends that condition the payment, except those established under the Checks Act.

Likewise, shape defects of those checks with stamped signature, with adhesive tape or corrugated material on figures of the money amount will be considered.

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Cristian Espinosa was appointed Ambassador of Ecuador to the United States

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40,000 women will receive scholarships in higher education

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