Inter-country exchanges via the Interbank Automated Clearing System in Uemoa (Sica-Uemoa) constitute 1.78% of the overall value of transactions in the Union in 2019 compared to 1.37% in 2018. From 2018 to 2019 , the Bceao which provides this information also reveals that the volume of checks remained almost stable (0.10%), compared to the previous reference period (2017 to 2018) during which it was down by 0.04 %.

In its new annual report on financial market infrastructures, means and services of payment in UEMOA, the Central Bank notes that the stagnation in the volume of this payment instrument confirms the observation of the preference for transfers, the trend of which is on the rise since 2017. Indeed, she explains, in 2019, transfers represented 46.73% of exchanges and checks 52% against respectively 43.02% and 55.65% in 2018.

Furthermore, the report underlines that the evolution of commercial paper is contrasted in volume and in value. Indeed, according to the Bceao, in volume, decreases of 1.48% in the use of the promissory note and 3.31% of the bill of exchange are observed while in value, there is an increase for the promissory note and a reduction for the bill of exchange.

"The most remarkable development is linked to the continued breakthrough in direct debits with increases in volume and value of 33.9% and 100.97% respectively between 2018 and 2019. The use of this instrument remains low", entrust the document. Which finally emphasizes that with regard to the efficiency of the levy, the Banking and Financial Organization and Standardization Committee has undertaken work to promote its development.