Easier for him to keep track, as he has several accounts.
The cheque - most annoying form of payment since cows?
- Thread starter PMKeates
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Easier for him to keep track, as he has several accounts.
Solid, tangible, cows are not subject to inflation (methane notwithstanding) you can feed them up and sell them on for more than the purchase price, you can potentially breed them or if all else fails there's always the barbeque option.
Haha
I would have thought it would be easier to keep track of with a standing order and faster for them to get the money. Each to their own I suppose.
He's not a computer type
and he's not been too bothered as long as I didn't pay like a week late or something.
Soldato
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Although i hate cheques, i can complete understand the use of them. i do small cleaning jobs for people and as they rarely have cash on them and they don't want to have to remember to do a bank transfer, they just leave me a cheuque instead. this way they will always be able to pay however much is needed, but not carry cash around with them. it's such a pain though, i have almost £500 in cheques in my car which i need to go pay in, which wont be paid until another 5 days after paying it in, however with that said, if i was paid in cash, i'd also have to take that into a bank, but instead of having worthless paper in my car i'd have £500 in cash. if it ever gets stolen i can ask customer to cancel cheque and write another.
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Associate
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Just about the same reasons i use them,they come in handy to pay the council tax too,love ,em.
I use cheques a fair bit, several times a month. Mostly to pay coaches at swimming sessions but also dealings with small clubs, charities etc. They prefer cheques over cash and electronic payment a day or two before hand would never work.
Cheques are great, i own a mail order business and half of our business is cheques, we bank hundreds a week (sometimes hundreds a day) and rarely have a problem with it, perhaps our customers are just honest but this year only 3 have bounced and all were sorted easily and quickly.
Phasing out cheques is a bad idea for businesses like ours and as there is no viable replacement yet it isnt going to happen anyway
Phasing out cheques is a bad idea for businesses like ours and as there is no viable replacement yet it isnt going to happen anyway
What is that prevents you from using an alternative to a cheque, such as electronic transfer?Phasing out cheques is a bad idea for businesses like ours and as there is no viable replacement yet it isnt going to happen anyway
We are a mail order company where people send us their orders in the post and thus enclose payment, many of them use cheques, its easy and convenient.
I suppose I can understand it in your situation. However, you could replace it with electronic transfer, but it's hard to do if your customer isn't "online". I suspect from the nature of your business, they aren't.
We have several websites that bring about 20% of the business and those are are Credit/debit cards, as is 30% of the postal business, but the remaining 50% is cheque and that isnt seeing a downward trend despite their alleged unpopularity.
I think you are in a particularly odd spot, though. The popularity of cheques in your line of business, I would say, is way above the national average. Their alleged unpopularity will come from when you analyse overall cheque usage, and that has dropped like a stone.
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I should move to Nationwide then; at least you don't have to complete any paperwork.
They'll do that in Barclays too but they look very peed off about it. When they ask why I didn't fill in the slip I tell them I didn't realise. It takes them all of 10 seconds to do it, and me about 5 minutes of arsing about.
Not a fan of cheques but I don't let it bother me. I'm not exactly old but online banking didn't really come in until after I was 18, so cheques just seem natural to me.
I think it's good for when relatives want to give money as presents, it's gotta be better than stuffing a couple of tenners in an envelope, and a BACS payment just doesn't really have that 'present' sort of feeling, you know, the money arrives on the wrong day, and isn't something you can 'open'.
As mentioned nowadays paying in a cheque is normally just a case of rolling up with your debit card and handing it over. Sure it's a hassle (I live miles from my nearest branch and can't drive) but then banking is a privilege, not a right, and it comes with the territory.
I think it's good for when relatives want to give money as presents, it's gotta be better than stuffing a couple of tenners in an envelope, and a BACS payment just doesn't really have that 'present' sort of feeling, you know, the money arrives on the wrong day, and isn't something you can 'open'.
As mentioned nowadays paying in a cheque is normally just a case of rolling up with your debit card and handing it over. Sure it's a hassle (I live miles from my nearest branch and can't drive) but then banking is a privilege, not a right, and it comes with the territory.
Was going to quote that site myself.
I figured most people pay via standing order, sounds like the landlord is old
Maybe bring him/her upto speed.I figured most people pay via standing order, sounds like the landlord is old
his landlord is probably committing some sort of tax fiddle and paying different cheques into various accounts
We use business cheques mostly because it takes 3 to 4 days for credit cards payments ot clear into our account. Although the money shows on the system, we can't access it, so we send out a cheque knowing that when it hits, the funds will have cleared. It also means that if we are paying COD for a delivery, we don't have to have large amounts of cash in the building.
We do use direct transfers, but many of our suppliers don't use this.
We do use direct transfers, but many of our suppliers don't use this.
