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UK Wants To Phase Out Checks By 2018

Posted by samzenpus on from the cash-or-credit dept.

The board of the UK Payments Council has set a date to phase out checks in a bid to encourage the advance of other forms of payment. They added, however, that the target of Oct. 2018 would only be realized if adequate alternatives are developed. "The goal is to ensure that by 2018 there is no scenario where customers, individuals or businesses, still need to use a cheque. The board will be especially concerned that the needs of elderly and vulnerable people are met," the Payments Council said in a statement.

9 of 796 comments (clear)

  1. Re:Wrong by XanC · · Score: 5, Funny

    This is a US site; it isn't spelled "spelt" it's spelled "spelled"!

  2. Re:Wrong by weeboo0104 · · Score: 5, Funny

    It isn't spelt 'checks' it's 'cheques' in the UK - for fucks sake get it right.

    Don't you mean "for fuques sake"?

    --
    It is easier to build strong children than to repair broken men. -Frederick Douglass
  3. Re:I thought they were already gone in EU by addsalt · · Score: 4, Funny

    And transfers from bank account to another one are difficult or even impossible between two random people.

    You should try writing a check - works great.

  4. Obligatory by Himuanam · · Score: 2, Funny

    I felt a great disturbance in the Force, as if millions of slow-writing middle aged women suddenly cried out in terror.

  5. Gold by WarJolt · · Score: 4, Funny

    Gold is about the only thing that's going to be worth anything by 2018. Maybe they should be phasing out cash too.

  6. Re:How do people pay eachother? by Weirsbaski · · Score: 4, Funny

    > If I wanted to buy a car from somebody, how would I do it?

    Transfer money from your bank account directly to theirs ?

    Taking it one step further, we could have a piece of paper that says how much to transfer, signed by the transferer to make it legal. Then there'd even be a paper trail that could be checked if there were any problems!

    Not sure what to call something like that, maybe "instant signed bank-to-bank transfer guarantee on paper receipt" (or "isbtobtgopr" for short)?

    --

    I am not a sig.
  7. Re:Good Riddance by Anonymous Coward · · Score: 5, Funny

    That's a great idea! Add some OCR indicators with the account nunbers and a place where the amount can be written out in longhand notation, and we'll be ridden of checks in no time!

  8. Re:Wrong by footnmouth · · Score: 2, Funny

    Not any more dude, it's changed over here:

    mate is now dude (see above)
    2 finger salute is now the bird
    blimey is now for fucks sake
    mate is now mofo
    bloody hell is now gor blimey guvnor (ok, it's not all changed :-))

    --
    -- For evil to triumph it is enough that good men do nothing.
  9. Re:Wrong by Better.Safe.Than.Sor · · Score: 4, Funny

    As a Canadian, I'd like to say, "I'm sorry."

    --
    It's all history, man. -anon