Cheques To Continue Indefinitely
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27 Jul 2011
Many concerned constituents contacted me about the decision taken by the Payments Council in 2009 to set a target date of 2018 for the abolition of cheques.
Following widespread opposition to these plans, it is pleasing to hear that the Payments Council have recently announced that cheques will continue indefinitely. Instead of seeking to replace and abolish cheques, the Payments Council will now concentrate on improving the processing of cheques.