Can you still cash checks in St. Maarten?
We have said it so often now, it is becoming like a mantra. Not because something is common practice means it is legal. Banks have been blocking checks deposited from other banks for so long that it has become commonplace to hear the teller say...
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stmaartennews.com
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Dear Reader
We sent a series of questions via email to the Central Bank of Curacao and St. Maarten asking about the local banks' new practice of refusing to cash checks.
Apparently, this is a trend not only in St. Maarten but also in other Caribbean countries. Reference is being made to the situation in Aruba where checks are being done away all together. Now we read an open letter to the banking association in Saint Lucia about the same problem on that island.
Are these the first steps to a cashless society?
So do we then don't need to Dollarize? But instead Digitize?
We read in a press release issued by the Central Bank that - and I quote - “The people of Curaçao and Sint Maarten will get to know a 'State of the Art' central bank with a customer-friendly and innovative image”.
Let's see how fast they will answer queries from the press then in light of their new customer-friendly image.
Best regards,
Terrance Rey
The Publisher
StMaartenNews.com
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StMaartenNews.com Top Stories
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CBCS aims to become 'State of the Art' Central Bank
Willemstad:---- The Centrale Bank van Curaçao en Sint Maarten (CBCS) has taken a new strategic course. The strategic plan 2018-2020 reflects the CBCS' transformation to a "State of the Art" central bank, on which can be relied. This is the result ...
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Destra "Queen Of Bacchanal" Main Feature Lighted Parade
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CC1 St. Maarten introduces Diet Coke flavors
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StMaartenNews.com Feature Columns
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Conversations while swimming
by Chris Morvan The woman I'm talking to is almost naked and so am I. So is everyone else in the vicinity, for that matter. But the woman and I can't see much. Just each other's head, really, and arms wafting around. The rest is a dull,...
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Open letter to the Banking Association of Saint Lucia
It has been brought to my attention that there is a recently introduced practice by certain banking institutions as it relates to the cashing of cheques. I have been informed that even if the necessary funds are available certain banks are refusing
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StMaartenNews.com Government News
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Minister Giterson issues statement on traffic delays ...
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Inspectorate TEATT: Price Indication and Price Comparison
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School Bus Annual Inspection Starts on July 30
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Front Street to be closed on Friday for beautification works
GREAT BAY - Sint Maarten (DCOMM) - Ministry of Public Housing, Environment, Spatial Development and Infrastructure (Ministry VROMI), announces that Front Street will be closed to vehicular traffic on Friday, July 13 for infrastructure...
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Reminder Annual hurricane season clean-up underway
GREAT BAY, (DCOMM) - Ministry of Public Housing, Environment, Spatial Development and Infrastructure (Ministry VROMI), hereby informs the community that the annual hurricane season clean-up continues in the month of July by the various waste...
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StMaartenNews.com Community News
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A new All Female Executive Board was installed
On the 1st July 2018, a new All Female Executive Board was installed serving the SXM Achievers Toastmasters Club 2018/2019. For the upcoming 2018/2019 Toastmasters Term, the SXM Achievers Toastmasters Club will not simply walk the path, we will...
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WIB Supports "Back to School Drive"
SINT MAARTEN (PHILIPSBURG) - The Windward Islands Bank Ltd. (WIB) supports the "3 rd annual Back to School Drive" spearheaded by student Ki-Mani Olivacce, who has called upon the community to donate school supply items for children in need. WIB...
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The Rotary Club of St. Martin Sunrise donates eye glasses
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StMaartenNews.com Local News
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First in-house Taxation Risk Seminar July 23-27
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Young United Women book club launched
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Registration Now Open for EXPO section at #SPORTSMATTER...
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WIB ATM Carrefour Cole Bay Back in Service
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WIB Cole Bay Branch Closure as of July 16
COLE BAY - The Windward Island's Bank (WIB) via the following notice announces the closure of its Cole Bay branch. Read for more details.
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StMaartenNews.com Sports News
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Thai football team rescue celebrated in the Dutch media...
Dutch media rejoiced on Tuesday afternoon as a Thai children's football team and their coach were all safely rescued from a flooded cave complex in Northern Thailand. The story has transfixed the Netherlands - as well as the rest of the world -...
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World Cup 2018 France reach final after 1-0 win over Belgium
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RIGHTS AND DUTIES OF PATIENTS AND COMPANIONS EXPLAINED...
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CPS: Stay cool and hydrated during extremely hot weather
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CPS Advises: Ensure your Vaccination Status is Up to Date
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CPS Men's Health 2018: Living a healthier life and more...
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Review LuminAID Packlite Max, a Solar Powered Phone Charger
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Demand of 34 months imprisonment against former Minister
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PDVSA's Caribbean stocks drained; affected by seizures
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Yes - 75%
No - 12.5%
No, I am sure the Central Bank has everything under control - 12.5%
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Have you been affected by banks' new check cashing policies?
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No. I do all my banking online
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StMaartenNews.com - Regional News
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CARICOM report says legalize marijuana use
By Sloan Smith MONTEGO BAY, Jamaica - The Caribbean Community (CARICOM) Regional Commission on Marijuana has recommended the declassification of marijuana as a dangerous drug in all legislation and the reclassification of the drug as a controlled ...
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StMaartenNews.com Advertisement
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StMaartenNews.com Online News Stories
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Rare Manatee Seen in Bonaire Marine Park
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Let's Cruise - Eastern, Western, Southern Caribbean...
Lets-Cruise.co is offering cruise vacations on the best and biggest cruise ships in the world with brand name cruises and destinations in the Eastern, Western and Southern Caribbean, Alaska, Europe and the Mediterranean, ...
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Platform in Boka Tabla cave offers spectacular view ocean
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Bahamas Has no Intention of Joining CSME
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USAID launches project to support regional NGOs
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Barbados and Guyana to deepen relations
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HUD approves US Virgin Islands' $243 million disaster fund
WASHINGTON, USA - US Department of Housing and Urban Development (HUD) Secretary Ben Carson on Tuesday announced he is approving a disaster recovery plan to help citizens in the US Virgin Islands to recover from Hurricanes Irma and Maria. In...
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INTERPOL Americas conference addresses rising terrorism
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Heavy rains and strong winds persist over much of Hispaniola
By Caribbean News Now contributor MIAMI, USA - The remnants of Hurricane Beryl are producing gusty winds and areas of heavy rain over much of Hispaniola, the Turks and Caicos Islands, and adjacent Atlantic waters. According to the National...
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Weather Report: Wednesday to Friday
DATE ISSUED: Tuesday July 10, 2018 @ 18:00 LST (22:00 UTC) VALID UNTIL: Wednesday evening (18:00 LST) July 11, 2018 Tonight through Wednesday evening: Partly cloudy, hazy and breezy with a brief shower possible. Forecast High: 31°C / 88°F...
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StMaartenNews.com Dutch News
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KLM passenger numbers up by a million in first half of 2018
KLM carried 16.6 million passengers in the first six months of the year, an increase of one million over the first half of 2017. The Dutch flag carrier carried 3.6% more passengers in June this year, with capacity up 2.2% in available seat...
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Man who beat up waiter apologises for bringing 'shame' on NL
A Dutchman who faces several years in jail for beating up a waiter in Prague has written an open letter apologising for bringing 'shame' on the Netherlands. Armin N. is currently in prison awaiting trial for the incident in April, which was...
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Illegal ivory still being sold in the Netherlands
Regulations are failing to stop illegal ivory being sold in the Netherlands, citizens' network Avaaz has said after carrying out a market test. The organisation successfully offered 18 antiques for sale in antique shops and on Marktplaats,...
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TV Carib News - 9 Jul 2018
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Book your summer vacation with AirSXM
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Ready to plan your summer vacation trip? Search for flights, hotels, car rentals and vacation packages online on AirStMaarten's booking site.
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