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 Cheques to be abolished

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Furball
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Joined: 14 May 2009
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Location: north of the border


PostPosted: Tue Jan 26, 2010 3:15 pm Reply with quoteBack to top

If the abolishment of using cheques goes ahead, it can only make the life of a scammer harder, so it's got to be a good thing, right?

The Payments Council has voted in favour of abolishing the use of cheques as a means of payment.
Cheques are to be phased out by 2018 Photo: DANIEL JONES The Payments Council Board has agreed to set a target date of 31st October 2018 to close the central cheque clearing system.
Although cheque use has been in decline since 1990, and has fallen by 40pc over the last five years, there are still plenty of situations where cheques are used extensively.
It said that the payments industry has to rise to the challenge of finding easy-to-use efficient alternatives for these payments and to ensure that they are easily accessible and well understood by cheque users. The goal is to ensure that by 2018 there is no scenario where customers, individuals or businesses, still need to use a cheque.
Chief Executive of the Payments Council, Paul Smee said: “Customers aren’t likely to see any immediate change as the target date is still a long way off. This announcement marks the start of extensive work that we need to do to ensure that everyone has a viable alternative, should the cheque clearing close.
"We aim to be very transparent and we will continue to consult fully with all interested parties. There will be a critical review in 2016 when the Payments Council will decide whether sufficient change has occurred against agreed published criteria, to press ahead to do away with the cheque in 2018."
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Master of Puppets
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PostPosted: Tue Jan 26, 2010 3:49 pm Reply with quoteBack to top

Darn... I'll need to start collecting fakes before they give that up too...

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Diana Prince
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PostPosted: Tue Jan 26, 2010 4:34 pm Reply with quoteBack to top

What country, please?

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Mr Gomer-ette

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CowboyBuck
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PostPosted: Tue Jan 26, 2010 4:39 pm Reply with quoteBack to top

A country where they spell checks "cheques".

Smile

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Right now I am getting pissed with your responses
And still you later claimed there are snakes on the road to the Western Union
Please for the sake of humanity help Mr. Felix and I to get this money
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Furball
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PostPosted: Tue Jan 26, 2010 5:29 pm Reply with quoteBack to top

Hi Diana Prince Cheques will be phased out by 2018 in the UK
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Diana Prince
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PostPosted: Tue Jan 26, 2010 5:36 pm Reply with quoteBack to top

oh, coming from north of THAT border. Cool

An interesting proposal, not only for those of us law-abiding folks, but also for the spammers, scammers, miscreants, and n'eer-do-wells in our midst.

Thanks for the info and the reply, Furball.

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Furball
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PostPosted: Tue Jan 26, 2010 5:54 pm Reply with quoteBack to top

For anyone who is interested in reading the article. I don't know how to set up a link, so just type in "cheques to be abolished" and read the story written in the telegraph!
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Billy Milligan
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PostPosted: Tue Jan 26, 2010 6:00 pm Reply with quoteBack to top

CowboyBuck wrote:
A country where they spell checks "cheques".

Smile


Issat checks or czechs mate Rolling Eyes

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devil_woman
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PostPosted: Tue Jan 26, 2010 7:06 pm Reply with quoteBack to top

^^^ Talk is cheap, until you get a number of overpaid individuals deciding what will change in the future.

Not unlike changing the name of product 'Oil of Ulay' became 'Olay' at greta expense and absolutely no benefit to consumers.

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Billy Milligan
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PostPosted: Tue Jan 26, 2010 7:43 pm Reply with quoteBack to top

devil_woman wrote:
Not unlike changing the name of product 'Oil of Ulay' became 'Olay' at greta expense and absolutely no benefit to consumers.


and WTH is it with Starburst and Snickers too? Sorry to folks on the other end of the pond but you got it all wrong Laughing

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"piss off you thief. we will confiscate your fund tomorrow Take Note !!!" - West3rn Onion
"Now I know that you are a psycho. Never you contact Me if you know that You are that unserious person fool!" - P [email protected]
"Stop writting to me again because if you try to send an more mail to my mail box i will inform the police about you and they will get you arristed fool like you." - Barr P Jame5
"GO F**K WITH YOUR MOTHER A**HOLE.......... "- K@zim- [email protected]@gmail.com <-100% risky free phones
"yES WE HAVE THE DERREN BROWN AVAILABLE IN STOCK" 5teffan Mue1ler - <[email protected]
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Fowan Nyne
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PostPosted: Tue Jan 26, 2010 9:17 pm Reply with quoteBack to top

^^ Laughing

But we'll still accept cheques.
My personal banker will clear them no problem and, 100% risky free Wink

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