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as recently as last year when opening another checking account, the bank clerk told me to start my check numbers at atleast 500 (you can specify when ordering c
by spydum 11y ago
as recently as last year when opening another checking account, the bank clerk told me to start my check numbers at atleast 500 (you can specify when ordering checks). I
asked her why, and that was also the same reason given. I laughed at the silliness of the idea, but took her advice anyways.
- marshray 11y agoIt's not completely silly: a check number under 500 is still highly likely to be a newish account. The test is cheap and has low false positives, so the fact that the it is easily subverted only diminishes its effectiveness but doesn't make it useless.
- mattmcknight 11y agoBut who's actually rejecting low number checks? It seems more common to see businesses reject accepting checks altogether.
- marshray 11y agoYeah, most businesses seem to use a check verification service these days.
- xupybd 11y agoWow what country still uses cheques? Most stores won't take them anymore, here in New Zealand.
- ocdtrekkie 11y agoWhile no stores take checks here in the US either, it's far more common to use for settling personal debts. Also, many utility bills are most commonly paid by check here as well (for those who don't pay online), as people do not mail cash.
- morgante 11y ago> While no stores take checks here in the US either My mother still routinely pays for nearly everything (groceries, pizza, hardware, etc.) using personal checks. She lives in a small town though.
- ocdtrekkie 11y agoI probably should've specified 'most'.
- jessaustin 11y agoIf you haven't been stuck in queue behind a check-writer recently, presumably someone else does your in-store shopping for you. Or maybe you only shop late at night, after the old ladies have gone to bed? That demographic just loves to write checks, and most USA stores accommodate that preference.
- LyndsySimon 11y agoI can't think of any stores in the US that don't take checks. Most major retailers (e.g. WalMart) have electronic check acceptance, where they scan the check, print all the details on it, then hand it back to you. It's faster than a debit card, if a bit awkward at first.
- jib 11y agoFrance, the US, among others. First thing I got when I moved to France (admittedly 12 years ago) was a checkbook. Hadn't heard of them since the 80s in Sweden.
- pif 11y agoIn France they are still very common. In particular, checks cannot be refused by members of small-enterprise associations recognized by the fiscal authority.
- pif 11y agoItaly as well, even if with more and more restrictions and difficulties.
- golergka 11y agoIsrael, for long-term monthly payments, mostly rent. Thanks to checks, I pay rent every month, but see my landlord once a year.
- dkersten 11y agoI pay monthly rent but see my landlord once a year too, but because of internet banking :)
- golergka 11y agoIf local banking market wasn't under oligopoly of a couple of banks who lock down regulation to forbid any new competitors, it would've happen a long time ago :( Sadly, although the start-up scene here is second only to SV, all of them are targeting world markets first, local just isn't big enough to grow.
- andyjohnson0 11y agoStill widely used in the the UK for person-to-person transactions. Also for paying single-person businesses like plumbers, painters, etc. Almost all shops and larger businesses refuse to accept them.
- wrboyce 11y agoWidely? I'm pretty sure that it's one of the least used methods for person to person transactions in the UK. If I had to guess I would put Cash, Faster Payment/BACS, and PayM (the mobile number thing) as more commonly used these days. I used to pay my milkman with a cheque, but he's online now.
- celticninja 11y agoGrandparents sending money to kids and grandchildren is pro ably their number one use.
- mkingston 11y agoUnsure if it's totally related to cheque acceptance, but as I understand it NZ fares much better in the card payments realm because of EFTPOS [1] adoption. EFTPOS in NZ is independent of MasterCard/Visa/other credit card companies (but processes transactions for them). For a very long time in NZ bank-issued debit cards on the EFTPOS network have required PIN identification. The cost to a merchant of accepting a bank-issued (read: not MasterCard/Visa/Amex/Diners etc.) debit card on the NZ EFTPOS network is much lower than the cost of accepting a card from one of the big credit card companies. I presume this is because fraud is lower as card-not-present transactions are not allowed. I further presume this is the reason for the far greater rate of acceptance of card payments in NZ than in any other country I've visited. I thought cheque books were a relic of the past until moving to the UK. [1] https://en.wikipedia.org/wiki/EFTPOS https://en.wikipedia.org/wiki/EFTPOS