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Do you ever use your chequebook?
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David kerr
Posted: 04 November 2010 13:08:33(UTC)
#31

Joined: 30/12/2007(UTC)
Posts: 1
We give our money to the banks, which they use to their advantage, not ours. In return they ought to keep cheques, which many customers want. David Kerr
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Stephen Brunning
Posted: 04 November 2010 13:11:10(UTC)
#32

Joined: 04/11/2010(UTC)
Posts: 2
I am a member of two clubs where 2 signatures are required on a cheque. How are they going to get 2 people to authorise a payment?

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BouncingCzech
Posted: 04 November 2010 13:27:59(UTC)
#33

Joined: 24/09/2010(UTC)
Posts: 11
Here in Czech Republic nobody uses cheques and there are no problems. It is simply a question of organising a good payment system through the bank or post office.
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Dennis .
Posted: 04 November 2010 13:29:38(UTC)
#34

Joined: 26/12/2007(UTC)
Posts: 1,018
Is everyone aware that bank guarantee cards no longer exist? If you look at your debit card you will probably find that it says something like Visa Debit and the bit about using it as a guarantee card has been removed. Evidently it is not now possible for a small business to be sure that your cheques wil be honoured.

Incidentally I recently bought some euros in the Post Office with my debit card and found on my bank statement that I had incurred a cash withdrawal fee of about £3 yet when I bought some other items a few minutes later in the same Post office and paid with the same debit card (and got cash back) I wasn't charged extra. I sent a stroppy letter to the bank and someone called me and explained that Visa had applied the charge and not the bank but that they would refund it. The guy suggested that in future not to use my debit card to buy foreign currency but to get cash out of an ATM and go in to the Post Office with that.
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Paul Ainscough
Posted: 04 November 2010 13:30:04(UTC)
#35

Joined: 25/10/2009(UTC)
Posts: 1
It is latently obvious from the overwhelming msjority of posters above that there is still a place for cheques in the modern world. Whether that is due to the needs of a significant proportion of the community or because of a lack of feasible alternative. Could those in power please take note - maybe the FSA could do something productive and intervene- no? - oh well just a thought!
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Michael Meredith
Posted: 04 November 2010 13:35:25(UTC)
#36

Joined: 02/05/2006(UTC)
Posts: 2
I think the Lib Dem MP hasn'tgot enough to do! He should be focusingon debt reduction and fiscal efficiency. I use a cheque once in a blue moon and see no real need for them, they are out-moded. Now Mr MP what have you done to police the city...Jack S...! We've been here before in a financial mess, hot air and posturing are the two main tools of politicians! The banks move on.....
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Gerry Walker
Posted: 04 November 2010 13:48:47(UTC)
#37

Joined: 22/07/2010(UTC)
Posts: 5
Can someone please explain to me how I pay a tradesman a largish sum (perhaps £1000 or more) without using cash, a credit card, a debit card or any form other than a cheque? Also how many tradesmen out there are able and willing to process a card transaction?
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Robin Cregeen
Posted: 04 November 2010 14:13:51(UTC)
#38

Joined: 13/11/2009(UTC)
Posts: 5
We tend never to like change, and there may be an argument for getting rid of the cheque book.

But other than the self-interested bankers whose interest in the needs of the customer has been demonstrated on so many occasions, who has been involved in the debate? There should be wider debate and authorities should step in and tell the banks this. After all, we the people actually own a significant proportion of UK banks!
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Sceptic
Posted: 04 November 2010 14:27:42(UTC)
#39

Joined: 23/05/2010(UTC)
Posts: 3
Dennis, I noted in your post above that you believe your bank card is no longer a cheque guarantee card. RBS, with whom I hold two current accounts, have just replaced my Highline cards with Visa Debit cards. These still show a hologram picture of Shakespeare, alternating with £250. I have just rung my bank and the lady confirmed that this hologram denotes the fact that the card can guarantee cheques for up to £250. The functions of the card are exactly the same as those of the old Highline card.

Having said that, I would like to add that I am entirely in agreement with all the people who consider that the cheque system cannot be abolished until a satisfactory replacement, suitable for all customers to use as necessary in all situations, has been devised, tested and approved by an independent body.

I use internet banking for most of my transactions, but I still find it necessary to use cheques sometimes. In some cases, what is needed is some sort of automatic advice to the payee, so that they know you have put money in their account. At present, you can tell someone of your intention to do that but they have no guarantee that you will do so. Also I would like to know how the Czech gentleman sends a surprise cash if he has to find out the payee's bank details first.
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A thought
Posted: 04 November 2010 14:36:20(UTC)
#40

Joined: 11/05/2010(UTC)
Posts: 1
i use a cheque once a month to pay a loan in the US, if this method was not available i would incur an extra charge of £20-£25 per month to make my payments by BACS transfer, although i rearly use them, this one time a month makes it worthwhile.
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