Cheques to be abolished

I'd imagine most businesses would be more than pleased that it forces customers to make electronic transfers. Cheques suit slow payers.
 
There are millions of pensioners who rely upon writing out cheques, before everyone gets so high-handed about their loss. They're not 'slow' payers, just careful, and don't use the Internet (don't even have computers) and in many cases can't even get to the banks to make transfers. For people who can't get credit cards - and I imagine that's all the bankrupts which the banks have created in the past two years - a cheque book is still a necessity. They can hardly waddle around, a mugger's dream come true, with their pockets bulging with cash to pay for their groceries, can they? It's not necessarily outdated - it's still one method of paying for goods and services which many people still find their first and sometimes their only choice.
 
3-5 days for funds to reach your account is outdated. Amazing how if you withmraw money from a bookmaker account some will have it in your account by Monday but others take until Wednesday.
 
There distant cousins to the poles working in your local and recently laid off from a building site near you,...
 
I'm very suspicious of the motives behind getting rid of cheques.

I'm already disillusioned about the ability of the banks to deal with our money responsibly. Although i do already pay all utilities and much more by direct debit, I feel more and more inclined to investigate if I can legally force my employer to pay me in cash or by cheque to enable me to dispose of the money as I see fit.

I think I'd be better off putting my money in a biscuit tin and doling it out as necesary in cash.

It costs you money even to contact the bank these days other than by going in personally, which of course costs you money to get there.

The principle behind banking was that you deposited your hard-earned with them and they, in turn, used it to their advantage in return for keeping it safe for you. That's hardly still the case.
 
There are still plenty of businesses which don't accept credit cards or to whom it would be impractical to send large amounts of cash. The insurers with whom Songsheet and I insured foals, for example, and trainers - no good setting up a D/D to pay them as the amounts are so variable. My hairdresser is another example, only cash or cheque. And quite a few small shops who say it costs them too much to pay the rental on the credit card machines, so only cheques or cash.
 
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