Increase in uncovered checks recorded in Cyprus during September 2026

Data released by the Central Bank of Cyprus (CBC) on October 14, 2026, indicates an increase in the number and value of uncovered checks issued during September 2026 compared to the same month in the previous year. A total of 34 uncovered checks were recorded in September 2026, with an aggregate value of €97,622. This figure represents an increase over September 2025, which saw 23 checks totaling €74,655, and surpasses the figures from August 2026, when 27 checks worth €27,092 were registered.

The preliminary list of the Central Information Registry (CIR) for issuers of uncovered checks included nine entities in September 2026, consisting of seven legal entities and two natural persons. Cumulatively for the first nine months of 2026, the CBC recorded 162 uncovered checks with a total value of €413,203. This indicates a downward trend for the year-to-date period compared to the first nine months of 2025, during which 184 checks totaling €440,146 were recorded.