Business community reacts to government policy on the rejection of checks. | SMN News

 PHILIPSBURG:— The business community on Sint Maarten is very much concerned with the decision by Management of The Receiver to eliminate the use of all checks as a means of payment. Like it or not, St. Maarten’s predominant tool for financial exchange is still a paper check. To restrict its use is hindering the economy and increasing the cost of doing business.

Once again, the Government enacts a knee jerk reaction which succeeds in punishing those that comply without effecting those that don’t. If such a drastic measure were necessary, it would make sense to at least consult with the

To read more: http://www.smn-news.com/st-maarten-st-martin-news/33020-business-community-reacts-to-government-policy-on-the-rejection-of-checks.html

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