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Honest question: Why would you use cheques instead of bank transfer? Isn't that cheaper all the way around? I live in India and practically haven't seen any c
by sfifs 10y ago
Honest question: Why would you use cheques instead of bank transfer? Isn't that cheaper all the way around?
I live in India and practically haven't seen any company use cheques for payment in the last few years.
- pas 10y agoUSA is still big on checks. (Paper trail and all!)
- kawsper 10y agoUK too, I was very surprised to see that they have ATMs that can process checks.
- GordonS 10y agoEh, cheques have been on their way out here for many years now. They are pretty rare these days.
- kawsper 10y agoIn some circles maybe. My girlfriend is a pet behaviorist, some of her clients pay by cheques, she sees at least 2 every week.
- phire 10y agoNew Zealand also recently got ATMs which can process checks. I can assure you that checks are basically dead in New Zealand. I'm 30 and I've never owned a checkbook. The only checks I ever see are birthday money from my grandparents. Most shops haven't accepted checks for years. Almost everything these days is done with direct bank transfers.
- orf 10y agocheques are gone in the UK. You don't get a cheque book with accounts by default anymore, I guess those ATM's are leftover from when cheques where cool. They where due to be phased out entirely by 2018, but it seems like that's been extended a bit.
- kawsper 10y agoThey are not gone. My girlfriend is a pet behaviorist, some of her clients pay by cheques, she sees at least 2 every week. My surprise came from living in Denmark for 25 years, and I had only ever seen a cheque on american television. I guess old habits die hard :)
- jakub_g 10y agoFrance as well for some use cases. Everyone pays the doctor with a cheque, for example.
- analogmemory 10y agoI wish, bank transfers in the US are clunky and painful. Wire transfers are expensive. The banks aren't willing to change. I have one client who likes using Venmo, which is basically a hacky way to do a bank transfer.