THIS is the first of two advice columns dealing with issues related to cheques
and their use.
3 billion cheques
written during 2009 were guaranteed, and by the end of 2010 less than three-quarters of debit cards also acted as guarantee cards.
There was a report recently that the use of cheques
had again fallen.
he software allows the user to track all the cheques
issued and supports different types of printers Laser, Inkjet and Dot-Matrix printers.
has been a widely-used payment method for the past 350 years, and although use is now in decline, 4 million cheques
are still written every day in the UK.
This decision to withdraw cheques
has been driven bythe big banks,who stand to save over pounds 1billion through the removal of the cheque
, but they have failed to consider the consequences and inconvenience to those who still rely on cheques
are also still widely used in the small business community.
A few weeks ago, the Payments Council indicated that plans were being drawn up to scrap cheques
altogether - although many must have found them pretty useful during their 350-year history.
Sainsbury's and Morrisons said they would continue to accept cheques
On closer inspection she realised that a number of her cheques
had been razored out by a fraudster.
You may not have to get on it right this second, but by December 31, 2006, be ready to shred your extra cheques
MEET the one-man crime wave bouncing cheques