UK Bank will soon allow remote cheque deposits
#1
UK Bank will soon allow remote cheque deposits
Finally people will soon be able to deposit cheques remotely in the UK. This has been available for years in the US. I hear that banks will start to roll out phone apps around October this year.
https://www.finextra.com/newsarticle...learing-system
https://www.finextra.com/newsarticle...learing-system
#3
BE Forum Addict
Joined: Mar 2011
Posts: 1,274
Re: UK Bank will soon allow remote cheque deposits
I believe UK Financial Institutions love cheques. When I sell shares and request a direct deposit into my UK bank account it never happens. They send a cheque to my overseas address and, by the time I've returned it and it's cleared, they get the interest on my money.
#4
Re: UK Bank will soon allow remote cheque deposits
Old school here
On-line banking, bank machines/ATM's debt cards & credit cards - the world has gone mad.
Cash is 'King or Queen' & no 'Joker' about it. We use cash 99.9% of the time for everyday purchases & payments. Still, it's two cheques per year, we are still trying to find a way around that (soon)
The only thing is, I don't believe folks can book a flight, a hotel or rent a car without a credit card or pre-paid money type card (visa/mastercard)?
Anyone any thoughts on how to book a flight without having to use a credit/money card?
On-line banking, bank machines/ATM's debt cards & credit cards - the world has gone mad.
Cash is 'King or Queen' & no 'Joker' about it. We use cash 99.9% of the time for everyday purchases & payments. Still, it's two cheques per year, we are still trying to find a way around that (soon)
The only thing is, I don't believe folks can book a flight, a hotel or rent a car without a credit card or pre-paid money type card (visa/mastercard)?
Anyone any thoughts on how to book a flight without having to use a credit/money card?
#6
Re: UK Bank will soon allow remote cheque deposits
Citibank have told customers they will no longer allow customers to write cheques.
#7
Lost in BE Cyberspace
Joined: Jan 2006
Location: San Francisco
Posts: 12,865
Re: UK Bank will soon allow remote cheque deposits
I see I last wrote a UK cheque in 2011; I only use a handful a year in the US.
#8
Forum Regular
Joined: Jan 2017
Posts: 119
Re: UK Bank will soon allow remote cheque deposits
Old school here
On-line banking, bank machines/ATM's debt cards & credit cards - the world has gone mad.
Cash is 'King or Queen' & no 'Joker' about it. We use cash 99.9% of the time for everyday purchases & payments. Still, it's two cheques per year, we are still trying to find a way around that (soon)
The only thing is, I don't believe folks can book a flight, a hotel or rent a car without a credit card or pre-paid money type card (visa/mastercard)?
Anyone any thoughts on how to book a flight without having to use a credit/money card?
On-line banking, bank machines/ATM's debt cards & credit cards - the world has gone mad.
Cash is 'King or Queen' & no 'Joker' about it. We use cash 99.9% of the time for everyday purchases & payments. Still, it's two cheques per year, we are still trying to find a way around that (soon)
The only thing is, I don't believe folks can book a flight, a hotel or rent a car without a credit card or pre-paid money type card (visa/mastercard)?
Anyone any thoughts on how to book a flight without having to use a credit/money card?
#10
Re: UK Bank will soon allow remote cheque deposits
Old school here
On-line banking, bank machines/ATM's debt cards & credit cards - the world has gone mad.
Cash is 'King or Queen' & no 'Joker' about it. We use cash 99.9% of the time for everyday purchases & payments. Still, it's two cheques per year, we are still trying to find a way around that (soon)
The only thing is, I don't believe folks can book a flight, a hotel or rent a car without a credit card or pre-paid money type card (visa/mastercard)?
Anyone any thoughts on how to book a flight without having to use a credit/money card?
On-line banking, bank machines/ATM's debt cards & credit cards - the world has gone mad.
Cash is 'King or Queen' & no 'Joker' about it. We use cash 99.9% of the time for everyday purchases & payments. Still, it's two cheques per year, we are still trying to find a way around that (soon)
The only thing is, I don't believe folks can book a flight, a hotel or rent a car without a credit card or pre-paid money type card (visa/mastercard)?
Anyone any thoughts on how to book a flight without having to use a credit/money card?
#11
Re: UK Bank will soon allow remote cheque deposits
I've been in the UK for the last 2 years now (well, almost). I don't have or need a UK cheque book. I do though have a French one, if you think Canada is old school look at France where you'll still see people paying for their groceries with a cheque.
#12
Re: UK Bank will soon allow remote cheque deposits
I was thinking cheques may still be used to give to kids clubs, or sending in the post inside a card. Maybe paying someone that doesn't have a bank account.
#13
Re: UK Bank will soon allow remote cheque deposits
ETA: My recently deceased FIL would send each of our sons a birthday card with $C50 enclosed, in cash. He'd order the cash from his branch of Barclays on the
High Street a fortnight in advance and pick it up in person. He did this every year from 1993 until 2016. Always $50. Now that was Old School.
Last edited by Novocastrian; Apr 8th 2017 at 5:42 pm.
#14
Re: UK Bank will soon allow remote cheque deposits
I assume you can still make a cheque out for cash , maybe you can't it's not something I have done for years.