In my cleaning-up I came across a cheque book which I haven't used since 2011. In fact, only 9 cheques were written between November 2005 and 27 April 2011. A couple are for cruises and one is for the deposit on 13 Sherborne Drive, Dilston. (a very large cheque!) One is for $1000 for the Consulate of Nepal, written abut a month before we travelled there. Clearly, cheques were losing popularity even then.
Finland banned cheques in 1993, and other European countries follow suit; New Zealand did away with them in 2020 and Australia is fast going down that track. Only 1% of transactions now involve cheques and 80% of those are by people over 65 years old (the other 20% are over 50).
They'll hang around for a while in less developed countries. Last year, for example, 27% of US workers were still paid by cheque. Sad, really!
No comments:
Post a Comment