Save Our Cheque
Cheques have been in use for over 300 years in the UK and in 2009 they were used to transfer £1.9 trillion. Across the country 1/3 of all people still regularly use cheques and 75% use the cheque facility with their bank accounts. In December 2009 the Payments Council - representing the major high street banks - set a target date of 2018 for the closure of central cheque clearing. Apparently the banks stand to gain £200 million a year by phasing out cheques. But I understand that cheques are a bit of a pain to bank staff; but most jobs have a task that people don't particularly enjoy doing but they just have to get on with it. As they are still a popular way of making a payment I would hate to think that one of the reasons for their abolition was just because bank staff finds them an inconvenience.
