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Interesting... We've had scanned check deposits at Chase (US) for at least 15 years, I think.
by kylecazar 2y ago
Interesting... We've had scanned check deposits at Chase (US) for at least 15 years, I think.
- stevesimmons 2y agoBear in mind that's a measure of how backwards US banking is, not how advanced. In the UK, I can't remember the last time I wrote or received a cheque. Maybe twice in the 17 years I've been living here, and certainly not in the last decade. So with UK cheque usage being a tiny fraction of the US rate, there's simply no demand for it in banking apps.
- 1oooqooq 2y agomost countries abandoned checks at least 15 years...
- 1oooqooq 2y agoppl dowvoting facts now
- Symbiote 2y agoCheque use in the UK is now around two per year per person. (This includes business-to-business cheques.) The over-65 age group is most likely to use them, and least likely to use an app, so you can see why it wasn't a big priority for most banks. It's been at least 15 years since the banks stopped giving account holders chequebooks by default. If you want one you have to ask.
- spacebanana7 2y agoI get a couple of cheques a year from family in the UK. It's an infrequent transaction but an important one, and cheque scanning is actually the only reason I maintain my legacy bank account.