{"id":16698,"date":"2024-03-22T13:07:31","date_gmt":"2024-03-22T19:07:31","guid":{"rendered":"https:\/\/www.romeropineda.com\/?p=16698"},"modified":"2024-03-22T13:09:17","modified_gmt":"2024-03-22T19:09:17","slug":"se-reforma-la-ley-para-permitir-el-truncamiento-de-cheques","status":"publish","type":"post","link":"https:\/\/www.romeropineda.com\/en\/se-reforma-la-ley-para-permitir-el-truncamiento-de-cheques\/","title":{"rendered":"The Law is reformed to allow check truncation"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"16698\" class=\"elementor elementor-16698\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-68fca4b elementor-section-boxed elementor-section-height-default elementor-section-height-default qodef-elementor-content-no\" data-id=\"68fca4b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8a43b77\" data-id=\"8a43b77\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4fa668b elementor-widget elementor-widget-image\" data-id=\"4fa668b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/www.romeropineda.com\/wp-content\/uploads\/2024\/03\/cheques-1024x683.jpg\" class=\"attachment-large size-large wp-image-16695\" alt=\"\" srcset=\"https:\/\/www.romeropineda.com\/wp-content\/uploads\/2024\/03\/cheques-1024x683.jpg 1024w, https:\/\/www.romeropineda.com\/wp-content\/uploads\/2024\/03\/cheques-300x200.jpg 300w, https:\/\/www.romeropineda.com\/wp-content\/uploads\/2024\/03\/cheques-768x512.jpg 768w, https:\/\/www.romeropineda.com\/wp-content\/uploads\/2024\/03\/cheques-18x12.jpg 18w, https:\/\/www.romeropineda.com\/wp-content\/uploads\/2024\/03\/cheques-600x400.jpg 600w, https:\/\/www.romeropineda.com\/wp-content\/uploads\/2024\/03\/cheques.jpg 1500w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-580dd15 elementor-widget elementor-widget-text-editor\" data-id=\"580dd15\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>By: Rodolfo Ram\u00edrez, Corporate and International Manager<\/strong><\/p><p>\u00a0<\/p><p>Yesterday, the incorporation of a chapter into the Commercial Code to admit check truncation (digitization) in commercial legislation was approved.<\/p><p>\u00a0<\/p><p>Traditionally, funds from checking accounts are accessed by issuing checks which can be cashed at the respective bank branches or deposited into accounts opened at other banks. In the latter case, the compensation process begins which takes time for funds to become available.<\/p><p>\u00a0<\/p><p>The reform fundamentally aims to lay the groundwork for modifying compensation processes to reduce fund availability periods, using check images instead of exchanging original checks.<\/p><p>\u00a0<\/p><p>The Central Reserve Bank of El Salvador has been tasked with developing corresponding regulatory frameworks within 90 days from the effective date of the reform, and the Financial System Superintendence will supervise market participants in these processes. The reform will take effect eight days after its publication in the Official Gazette.<\/p><p>\u00a0<\/p><p>For more information, you can contact me at <a href=\"mailto:rramirez@romeropineda.com\">rramirez@romeropineda.com<\/a><\/p><p>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Por: Rodolfo Ram\u00edrez, gerente de Corporativo e Internacional \u00a0 El d\u00eda de ayer se ha aprobado la incorporaci\u00f3n de un cap\u00edtulo al C\u00f3digo de Comercio para admitir el truncamiento (digitalizaci\u00f3n) de cheques en la legislaci\u00f3n mercantil. \u00a0 Tradicionalmente, el uso de fondos de las cuentas corrientes se hace por medio de la emisi\u00f3n de cheques [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-16698","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - 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