Addition to regular cheques, a number of variations were developed to address specific needs or to address issues when using a regular cheque.
Cheques are now widely predicted to become a thing of the past, or at most, a niche product used to pay private individuals or for the very large number of small service providers who are not willing to provide their bank details to customers to allow electronic payments to be made to them or do not wish to be burdened with checking their bank accounts frequently and reconciling them with amounts due (for example, music teachers, driving instructors, children's sports lessons, small shops, schools).
By 2006 cheques lagged well behind eftpos (debit card) transaction and electronic credits, making up only nine percent of transactions, with an annual average of 41 cheque transaction per capita.
Finland, banks stopped issuing personal cheques in about 1993 in favour of giro systems, which are now almost exclusively electronically initiated either via internet banking or payment machines located at banks and shopping malls.
Cheques act 1986 is the body of law governing the issuance of cheques and payment orders in australia.
1931 an attempt was made to simplify the international use of cheques by the geneva convention on the unification of the law relating to cheques.
 these were handwritten, and one of the earliest known still to be in existence was drawn on messrs morris and clayton, scriveners and bankers based in the city of london, and dated 16 february 1659.
Poland cheques were withdrawn from use in 2006, mainly because of lack of popularity due to the widespread adoption of credit and debit cards.
The cheques are commonly 18 by 36 inches (46cm 91cm) in size; however, according to the guinness book of world records, the largest ever is 12 by 25 metres (39ft 82ft).
Are post dated cheques illegal in ontario
Credit card companies will usually accept post-dated cheques, but a note should be given with the cheque pointing out the date for cashing.
The uk all cheques must now conform to "cheque and credit clearing company (c&ccc) standard 3", the industry standard detailing layout and font, be printed on a specific weight of paper (cbs1), and contain explicitly defined security features.
 most retail stores no longer accept cheques, and those that do often require government-issued identification or a store-issued "cheque identification card" before they can be accepted as payment.
Forms of cheques have been in use since ancient times and at least since the 9th century, it was during the 20th century that cheques became a highly popular non-cash method for making payments and the usage of cheques peaked.
Asda announced in april 2006 that it would stop accepting cheques, initially as a trial in the london area, and boots announced in september 2006 that it would stop accepting cheques, initially as a trial in sussex and surrey.
The process is also procedurally more simple, as no cheques are ever posted, can claim to have been posted, or need banking or clearance.
1999, banks adopted a system to allow faster clearance of cheques by electronically transmitting information about cheques, this brought clearance times down from five to three days.
Daily cheque clearing began around 1770 when the bank clerks met at the five bells, a tavern in lombard street in the city of london, to exchange all their cheques in one place and settle the balances in cash.
The cheques can be used to pay for certain goods and services in the uk.
Are post dated cheques illegal in ireland
 this service allowed cheques to be guaranteed at point of sales up to a certain value, normally 50 or 100, when signed in front of the retailer with the additional cheque guarantee card.
Alternatively, cheques may be recorded with carbon paper behind each cheque, in ledger sheets between cheques or at the back of a chequebook, or in a completely separate transaction register that comes with a chequebook.
However, the inherent security weaknesses of cheques as a payment method, such as having only the signature as the main authentication method and not knowing if funds will be received until the clearing cycle to complete, have made them vulnerable to a number of different types of fraud.
A bank puts through a post-dated cheque before the date on it and then makes its customer overdrawn, the charges will normally be paid back, depending on the bank's policy.
Being paper-based, cheques are costly for banks to process in comparison to electronic payments, so banks in many countries now discourage the use of cheques, either by charging for cheques or by making the alternatives more attractive to customers.
Electronic payment transfer continued to gain popularity in india and like other countries this has caused a subsequent reduction in volumes of cheques issued each year.
The same year, the c&ccc set up the euro cheque clearing system to process euro denominated cheques separately from sterling cheques in great britain.
The united kingdom, ireland, and france, cheques are still popular, partly because cheques remain free of charge to personal customers; however, bank-to-bank transfers are increasing in popularity.
Copies of the cheques are stored at a bank or the broker, for periods up to 99 years, and this is why some cheque archives have grown to 20 petabytes.
In the us, banks are not required by the uniform commercial code to honour a stale-dated cheque, which is a cheque presented six months after it is dated.
French law makes a cheque equivalent to cash; it is therefore illegal to write a cheque if there are not sufficient funds in the account to cover the payment.
-specific legislation includes the cheques act 1960, part of the bills of exchange act 1908, which codifies aspects related to the cheque payment instrument, notably the procedures for the endorsement, presentment and payment of cheques.
1959 a standard for machine-readable characters (micr) was agreed and patented in the us for use with cheques.
 a cheque that has an issue date in the future, a post-dated cheque, may not be able to be presented until that date has passed, writing a post dated cheque may simply be ignored or is illegal in some countries.
As automation increased, the following years saw a dramatic change in the way in which cheques were handled and processed.
Concerns about the amount of time it took the cheque and credit clearing company to clear cheques, the united kingdom office of fair trading set up a working group in 2006 to look at the cheque clearing cycle.
Look like cheques and clear through the banking system like cheques, but are not drawn against cleared funds in a deposit account.
Old eurocheques could still be used, but they were now processed by national clearing systems.
To regular cheques generally include a drawer, the depositor writing a cheque; a drawee, the financial institution where the cheque can be presented for payment; and a payee, the entity to whom the drawer issues the cheque.
The scheme is managed by the cheque and credit clearing company and requires that all cheques for use in the british clearing process are produced by accredited printers who have adopted stringent security standards.
Crossing cheques basically ensures that the money is paid into an account of the intended beneficiary of the cheque.
The uk passed the bills of exchange act in 1882, and india passed the negotiable instruments act (ni act) 1881; which both covered cheques.
It is not a legal requirement to write down the amount in words, although some banks will refuse to accept cheques that do not have the amount in both numbers and words.
For example, you may make arrangements with the bank for an overdraft limit to cover cheques written over the amount of money you deposit into your account.
Turkey, cheques are usually used for commercial transactions only, and using post-dated cheques is legally possible.
Even when the use of cheques for paying wages and salaries became rare, the vocabulary "pay cheque" still remained commonly used to describe the payment of wages and salaries.
A 1995 amendment provided for the electronic presentment of cheques and removed the previous requirement to deliver cheques physically to the paying bank, opening the way for cheque truncation and imaging.
Non-banks are not permitted to issue cheques in their own name but may issue, and have drawn on them, payment orders (which functionally are no different from cheques).
Paper money evolved from promissory notes, another form of negotiable instrument similar to cheques in that they were originally a written order to pay the given amount to whomever had it in their possession (the "bearer").
Advantage to the drawer of using cheques instead of debit card transactions, is that they know the drawer's bank will not release the money until several days later.
All nordic countries have used an interconnected international giro system since the 1950s, and in sweden, cheques are now almost totally abandoned; in denmark, all banks will stop accepting cheques by 1 january 2017.
Is thought that the commercial bank of scotland was the first bank to personalize its customers' cheques, in 1811, by printing the name of the account holder vertically along the left-hand edge.
However, cheques are now rarely accepted at point of sale in retail stores where cash and cards are payment methods of choice.
Many cheques have an explicit notice printed on the cheque that it is void after some period of days.
Has to take a post-dated cheque as, by law, a post-dated cheque does not count as payment of a debt, however, writing a post-dated cheque is not banned under banking terms.
 currys (and other stores in the dsgi group) and wh smith also no longer accept cheques.
One of the reasons was that banks usually provided cheques for free to their individual account holders.
As of 2010, many countries have either phased out the use of cheques altogether or signalled that they would do so in the future.
This allowed the creation of electronic cheques and translation (truncation) of paper cheques into electronic replacements, reducing cost and processing time.
Many asian countries cheques were never widely used and generally only used by the wealthy, with cash being used for the majority of payments.
Certain types of cheques drawn on a government agency, especially payroll cheques, may be called a payroll warrant.
Many new atms do not use deposit envelopes and actually scan the cheque at the time it is deposited and will reject cheques due to handwriting incursion which interferes with reading the micr.
Cashier's cheques are perceived to be as good as cash but they are still a cheque, a misconception sometimes exploited by scam artists.
The next invoice amount will automatically have all the bank information printed on the tip and needs only to be signed, dated and posted off.
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