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Do you ever use your chequebook?
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anthony whitworth
Posted: 04 November 2010 12:06:20(UTC)
#21

Joined: 08/09/2008(UTC)
Posts: 1
Cheques must stay available for so long as users show their value by continued volume use.

Banks should remember the days when their existence was based on providing customer service and they were trusted and valued businesses rather than, as now, thought of as providers of financial services primarily for their own benefit leaving customers mistrustful. We should be more a 'profit opportunity' if bankers hope to regain respect again.

It would be difficult to object to a modest charge for use of cheque payment, fairly calculated (and independently monitored since public will not believe self interested calculations by the banks), to recover the excess cost over use of electronic payments.
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Banchee
Posted: 04 November 2010 12:11:39(UTC)
#22

Joined: 17/11/2009(UTC)
Posts: 1
x
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Shozzer
Posted: 04 November 2010 12:15:14(UTC)
#23

Joined: 23/08/2007(UTC)
Posts: 1
Perhaps people would be more inclined to ditch cheques, if transfers such as BACS were any quicker than cheques. In fact they are not. The Faster Payment System was supposed to change all this. It didn't. The vast majority of business electronic transactions still use BACS which was developed in 1968.

Come on Banks, give us a 21st century option before you take the cheque away!
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Dennis Baker
Posted: 04 November 2010 12:23:41(UTC)
#24

Joined: 01/07/2010(UTC)
Posts: 4
I am still a dinasour in this respect and use my cheque book as often as I am able.
One reason we are paying for services,goods,petrol,etc.by other methods is quite simply because providers will not accept cheques so their demise is a their self-fulfilling prophesy.
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John Howard Norfolk
Posted: 04 November 2010 12:24:44(UTC)
#25

Joined: 09/08/2010(UTC)
Posts: 26

Those of us who are deaf are unable to use telephone payment/banking systems and therefore we find cheques are vital.

I have asked the RNID to take up the cudgels are our behalf.
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KEVIN DORNAN
Posted: 04 November 2010 12:24:49(UTC)
#26

Joined: 04/08/2010(UTC)
Posts: 1
In response to your article on the phasing out of cheques,I believe they
should stay,they have been a great help for business men when paying their bills,
if there is a problem then a simple phone call can stop one.
If we switch to electronic payment then we are even more vulnerable to corruption,
"if it isnt broken,dont fix it"

THE TIRED TAXIMAN
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Pat
Posted: 04 November 2010 12:50:01(UTC)
#27

Joined: 27/04/2010(UTC)
Posts: 11
I used 'payment by telephone' before (not in UK) and it is a convenient and controlled alternative to 'direct debit' in paying utility bills.

However, it is poor substitute to using cheques in commercial transactions. With internet and telephone banking, the process of registering personal and vendor account is very cumbersome.

Fancy registering your niece's bank details before you can send her £10 for doing well in her last maths test or sending a small donation to charities!
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RON SHARPE
Posted: 04 November 2010 13:00:33(UTC)
#28

Joined: 20/07/2010(UTC)
Posts: 1
This is another example of Banks trying to dictate to us, for Their Convenience!
Cheques may beused less, but there is a definite need in many situations. Do Not Go There Mr. Banker
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Stanley Rosenthal
Posted: 04 November 2010 13:01:14(UTC)
#29

Joined: 17/09/2008(UTC)
Posts: 1
Presumably the banks take into account their costs relating to clearing cheques and recover these in their bank charges. Further, I suspect that any replacement of the existing cheque system will have to look remarkably like a cheque if it is to deal with all the above objections.

If it works,dont fix it - unless of course it is a cunning scheme to increase their profits.
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la mamma
Posted: 04 November 2010 13:06:42(UTC)
#30

Joined: 04/11/2010(UTC)
Posts: 2
While I do also use online banking with direct debits and electronic payments, I totally agree with all the support for cheques as above - couldn't do without them - especially for gifts to charities and relatives, payments for postal charity raffles/draws (no intention of spreading my credit card details so far and wide), opening online bank accounts (oh, the irony/hypocrisy of banking practice!), paying tradesmen and local club membership fees ... and for the audit trail they provide.
Is there still a move by the banks to withdraw the cheque guarantee card? That should definitely be retained as well!
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