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Old 19-02-2011, 22:25   #10
Cobbydaler
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Re: Cheques to disappear in 2018

Quote:
Originally Posted by martyh View Post
cheque ,credit/debit card or cash what other alternative can there be for daily use ?
From the link in my earlier post:

Quote:
In the past year, the Payments Council has been consulting more than 300 groups of cheque users representing individuals, charities, and businesses.
Those consultations will continue and a final decision to switch off the conventional cheque clearing system is scheduled to be made in 2016.
However, if the 2018 target date is deemed not feasible, either in 2016 or at an earlier review date of 2014, then the plan could be revised or the implementation date moved.
The Payments Council stressed that alternatives to the cheque will have to be not only in existence but also "available, acceptable and widely adopted".

Anyway, who uses cheques on a daily basis nowadays?
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