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To people in Europe (no idea if grandparent belongs to these), mailing around checks is just a ludicruous idea. You whip out your strong-authentication-of-the-
by sqrt17 12y ago
To people in Europe (no idea if grandparent belongs to these), mailing around checks is just a ludicruous idea.
You whip out your strong-authentication-of-the-day device, do the magic bellydance (i.e., enter some numbers into that device, or scan something on the screen) and whoop, you just transfered a sum of money. To someone in a different European (SEPA) country. Without paying anything (except if you live in Italy and have a greedy bank). With the money coming in within two business days at their side.
And of course you have an option to perform monthly payments that way. Some landlords put it in the rent contract that the tenant has to use this method.
France was one of the last country to abandon checks. Why? Because everything is more efficient when it's electronic, and there is less forgery. (You can still send a wire transform via mail with a forged signature, but with these, you can usually go to the recipient and give them a hard time, which is harder with a check someone cashed out two days ago).
- scrollaway 12y agoI have indeed lived in europe and what sounds ludicrous to me is that people not only have to deal with this but accept it as the norm. What the hell do landlords get out of this? The joy of having to run to the bank every xth of the month? I don't know about you but my bank is more like a public toilet than a bakery. I wouldn't go there unless there was an emergency, and even if there was I'd consider a dark alley over it. (brought to you by the Department of drawn out metaphors)