Now, just imagine those 21,000 cheques, or the 50,000 if you look at all cheques and not only those coming to the PLACH, beginning their journey at one of the 215 or so banks and bank branches dotting the length and breath of the country, laboriously finding their way to the main branch where they are processed, sorted and bundled, then being taken twice a day to the PLACH by the fourteen clearing banks, then beginning their journey back, and starting all over again if they bounce for any reason.
I have also been told about the exciting BIMA product currently available in PNG, which we will all be looking at closely, and which our BPNG colleagues can share with us. However, before we get ahead of ourselves, please allow me to make a few statements on the importance of inclusive insurance.