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We don't really use checks in Europe, at least not in the Netherlands..
by tiku 7y ago
We don't really use checks in Europe, at least not in the Netherlands..
- pujjad 7y agoBut in the UK we do. You can set up a bank accounts which requires two signatures, then only cheque payments are possible. Very quiant, annoying and backwards.
- Wildgoose 7y agoI am the Treasurer of a Charity we set up to keep our local Library open. We need two signatures on our cheques - but not to be "annoying" or "backwards". It's simple security to stop a rogue actor emptying our bank account!
- pujjad 7y agoYep I get that, but the artist playing at our charity festival have complaint every time about having to deal with cheques both I (treasurer) and the other finance officer have to sign. Why is it that in the 21st century we can't have a digital online two-signature policy yet have to sign a paper which signatures one easily can forge. That's backwards. We got cryptocurrencies but no way to implement a digital two-signature policy? Odd.