Do you still have a dusty old cheque book lurking around in a drawer somewhere? Maybe it’s gathering dust with that paying in book you last used in 1997.
It’s easy to think that cheques are things of the past – but last year 477 million were issued in the UK.
It’s just been announced that banks are finally agreeing on a new clearing system that should allow cheques to clear in one day instead of the current six. So to celebrate all things cheque related, here’s a few of my favourite facts:
If you want to know more about the ways you can make payments – and your rights as well as raise a financial complaint, visit our financial page.