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Cheques move a step closer to extinction

Former_MSE_Guy
Former_MSE_Guy Posts: 1,650 Forumite
I've been Money Tipped! Newshound! Chutzpah Haggler
in Budgeting & bank accounts
This thread is to discuss the following news story:
Cheques move a step closer to extinction

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Comments

  • Hazzanet
    Hazzanet Posts: 1,723 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Old news: http://forums.moneysavingexpert.com/showthread.html?t=1776849
    4358
  • ozzage
    ozzage Posts: 518 Forumite
    Part of the Furniture Combo Breaker
    Good. What an out-dated form of payment...
  • Rosemary7391
    Rosemary7391 Posts: 2,879 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I don't know, cheques can be useful! Much easier than large amounts of cash.
  • sofa_surfer
    sofa_surfer Posts: 244 Forumite
    ozzage wrote: »
    Good. What an out-dated form of payment...
    Outdated they may be, but I still find them extremely convenient on various occasions.
    iaye carramba!
  • Extant
    Extant Posts: 2,140 Forumite
    Rosemary7391 wrote: »
    I don't know, cheques can be useful! Much easier than large amounts of cash.

    This, however, is about the end of cheque guarantee - a scheme which only goes up to £250, which is hardly a large amount of cash.
    What would William Shatner do?
  • Extant
    Extant Posts: 2,140 Forumite
    Consumers love to whinge about how transfers take/took three days to move, and yet bitterly cling to cheques and whine about their decline and intended removal...
    What would William Shatner do?
  • withnell
    withnell Posts: 1,629 Forumite
    I think cheques will always have a place for paying club subscriptions and tradesmen - both situations when I doubt anyone has needed to show a guarantee card anyway!
  • Extant
    Extant Posts: 2,140 Forumite
    withnell wrote: »
    I think cheques will always have a place for paying club subscriptions and tradesmen - both situations when I doubt anyone has needed to show a guarantee card anyway!

    "Always have a place" until the Payments Council decides they're done, in a couple more years.
    What would William Shatner do?
  • buxtonrabbitgreen
    buxtonrabbitgreen Posts: 2,856 Forumite
    1,000 Posts Combo Breaker
    The main reason that cheques have been useful for me is for sending money for school trips etc. My kids are old enough to be trusted with money now. But not when they were younger.
    Anyone who lives within their means suffers from a lack of imagination:beer:

    Oscar Wilde
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    BarclaysManager wrote: »
    "Always have a place" until the Payments Council decides they're done, in a couple more years.


    Does Barclays provide a non cash payment system appropriate for small clubs or small tradesman?
This discussion has been closed.
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