Santander Cheque Imaging

aj23_2

It's been in place in their credit card clearing centres since September but the cashier in branch the other day told me that it cheque imaging is now being used in branch too.

Anyone who's with TSB, it will be in place by end of November. Tesco Bank has done since end of September too. Not sure about other banks.

PRAISETHESUN

It's becoming a bit more mainstream with all banks I think - some faster than others. Not that many people use cheques these days, but it's nice to know that it won't take a million years to cash in that birthday cheque from my nan next year :rotfl:

masonic

aj23 wrote: »

Anyone who's with TSB, it will be in place by end of November.

Yes, but when will TSB have it working?

Halifax have had it in place for a while. It's what's tipping the balance for me to keep my Reward accounts. If other banks I use have it then I might be tempted to forego £2 per month for a simpler life.

aj23_2

PRAISETHESUN wrote: »

It's becoming a bit more mainstream with all banks I think - some faster than others. Not that many people use cheques these days, but it's nice to know that it won't take a million years to cash in that birthday cheque from my nan next year :rotfl:

In the last poll by MSE, 75% of those who responded out of over 15,000 use cheques on a semi-regularly to regular basis. Only 25% either didn't use, hadn't done for a few years, or do a few times a years. The other 75% was still on a weekly, to monthly, to quarterly basis in the last three years.

aj23_2

masonic wrote: »

Yes, but when will TSB have it working?

Halifax have had it in place for a while. It's what's tipping the balance for me to keep my Reward accounts. If other banks I use have it then I might be tempted to forego £2 per month for a simpler life.

Halifax is still taking 5 working days to clear mine, so can't be everywhere yet.

Vortigern

aj23 wrote: »

Halifax is still taking 5 working days to clear mine, so can't be everywhere yet.

If you have the Halifax app you can use cheque imaging. Cheques paid in at a branch still take 5 working days to clear.

aj23_2

Vortigern wrote: »

If you have the Halifax app you can use cheque imaging. Cheques paid in at a branch still take 5 working days to clear.

My OP was about in branch imaging for people's info, not mobile imaging.

eskbanker

aj23 wrote: »

In the last poll by MSE, 75% of those who responded out of over 15,000 use cheques on a semi-regularly to regular basis. Only 25% either didn't use, hadn't done for a few years, or do a few times a years. The other 75% was still on a weekly, to monthly, to quarterly basis in the last three years.

If you're referring to https://www.moneysavingexpert.com/poll/31-10-2017/how-often-do-you-use-cheques, the results were actually:

All the time 8.1%
Around once a month 17.3%
A few times a year 27.6%
Around once a year 13.1%
Once every few years 9.0%
At least 3 years ago 18.3%
Never 6.6%

i.e. a few times a year or less is the 75% and it's only 25% that use them more frequently than that.

However, as ever with MSE polls, the unscientific approach meant that there were far more votes cast by over 35s than their proportional share of the adult population, thereby skewing the results, given the clear correlation between age and likelihood of using cheques (95% of under 25 respondents are a few times a year or less, whereas this drops to 58% of over 65s), so these poll results exaggerate their use anyway.

aj23_2

eskbanker wrote: »

If you're referring to https://www.moneysavingexpert.com/poll/31-10-2017/how-often-do-you-use-cheques, the results were actually:

All the time 8.1%
Around once a month 17.3%
A few times a year 27.6%
Around once a year 13.1%
Once every few years 9.0%
At least 3 years ago 18.3%
Never 6.6%

i.e. a few times a year or less is the 75% and it's only 25% that use them more frequently than that.

However, as ever with MSE polls, the unscientific approach meant that there were far more votes cast by over 35s than their proportional share of the adult population, thereby skewing the results, given the clear correlation between age and likelihood of using cheques (95% of under 25 respondents are a few times a year or less, whereas this drops to 58% of over 65s), so these poll results exaggerate their use anyway.

I know, and I worked out percentages and sent it to MSE and they agreed with me.

eskbanker

aj23 wrote: »

I know, and I worked out percentages and sent it to MSE and they agreed with me.

Eh?

I was just highlighting that you'd misrepresented the published findings of their poll, which are there for all to see (and analyse), so have no idea what that latest post is meant to mean....

aj23_2

eskbanker wrote: »

Eh?

I was just highlighting that you'd misrepresented the published findings of their poll, which are there for all to see (and analyse), so have no idea what that latest post is meant to mean....

I'll break it down for you and paste the email I sent. It was back in December last year a MSE writer wrote that it was "annoying" that you could only open a Birmingham Midshires savings account by cheque, because he doesn't use them and wasn't offered one. I asked him to remove the use of "annoying" as I said many people use them, to which he said no. I then used their own poll findings to show that he was wrong to say so and that MSE should remain impartial, which led to him agreeing and removing the term "annoying" from the BM savings blurb.

I wrote:
"Your own poll on cheque usage a few weeks ago shows that 11,647 out of the 15,501 people who voted have used cheques within at least once in the last three years, through to a few times a year, to every few months, to every month etc. Meaning that they all have a cheque books. All banks offer cheque books when you open or switch, you would have declined it if you haven't got one. It's not that you weren't offered one.

Out of the 3,854 who claim not to have used a cheque or a cheque book for more than three years, there will be a percentage of those who will have a cheque book, but just haven't used it. This shows that about 75% of the people you polled at the very least have one, and about 65% of them semi-regularly to regularly use one, and that you and your colleagues (who I guess are younger, like me) are actually in the minority. As I said in the first email, half a billion cheques were written in 2016, making it major payment method still. If it was that laborious, it wouldn't even exist."

So you're wrong to point out that I'm wrong and misrepresenting the poll findings and that it doesn't make sense. I said earlier 75% based on what I'd written in my email, that people have them, and use them on a semi-regular to regular basis. If you want to get into the definitions of what constitutes semi-regular or regular, we can have that discussion. But the fact remains that 12 months ago when they did the poll, up to 75% of people were still using them.