Paying in a Cheque
While paying a cheque into our bank account today the young lady on the desk tell my I can....
Pay a cheque in online.... ???
Apparently, and yes I checked when I got home, within the banking app on my phone I can take a picture of the cheque enter the value and it's all done.
And I thought I'd have to shove it in the USB port
Pay a cheque in online.... ???
Apparently, and yes I checked when I got home, within the banking app on my phone I can take a picture of the cheque enter the value and it's all done.
And I thought I'd have to shove it in the USB port
Haven't used cheques since 1991 and my bank contact smiled broadly when I recently asked if they are still in use. She said that they issue less than a hundred cheque books a year and that is from the largest bank in the district. I have used online banking since about 2005...never had a problem...
My dad still pays all his bills by cheque but my sister & I now have authority to sign them on his behalf should there be a need for us to do so.
Online banking is not an option.... he has not got a computer / mobile telephone and no interest in getting / learning to use them.
Online banking is not an option.... he has not got a computer / mobile telephone and no interest in getting / learning to use them.
No way do I want to do banking “on-line”, I’m too paranoid about increasingly frequent “hacking incidents” ...which the banks etc. don’t seem to reveal knowledge of for several months sometimes..
On the other hand...giving out a cheque nowadays, reveals, on a bit of paper, just what these scam ars***s seem to require...! branch code, account number, account holder’s name....
In t’good old days I thought the bank would check the signature against records they held...but now I guess they’re too busy/inundated to do this....I’ve heard of cheques being signed Mickey Mouse....and still being cleared...
Cheques still seem to be required in some cases though, sell a house, and finally the solicitor will issue a cheque..
So far I survive with swiping a debit card, or cash....which some reckon will also disappear, so how do you contribute in a charity collection box....? release a supermarket trolley without a pound coin..? buy a car-park ticket..?
I’m too old for this....back in me warm box....
On the other hand...giving out a cheque nowadays, reveals, on a bit of paper, just what these scam ars***s seem to require...! branch code, account number, account holder’s name....
In t’good old days I thought the bank would check the signature against records they held...but now I guess they’re too busy/inundated to do this....I’ve heard of cheques being signed Mickey Mouse....and still being cleared...
Cheques still seem to be required in some cases though, sell a house, and finally the solicitor will issue a cheque..
So far I survive with swiping a debit card, or cash....which some reckon will also disappear, so how do you contribute in a charity collection box....? release a supermarket trolley without a pound coin..? buy a car-park ticket..?
I’m too old for this....back in me warm box....
Quote:So far I survive with swiping a debit card, or cash....which some reckon will also disappear, so how do you contribute in a charity collection box....? release a supermarket trolley without a pound coin..? buy a car-park ticket..?
The UK is some way behind Scandinavia. All the scenarios you mention can be covered cashless and cardless 'over here'.
Vipps an app-based service takes care of your charity collections, sharing a restaurant bill or paying your mate that tenner you owe him, we use free tokens that replace a £1 coin for trolleys and there's a nationwide app-based parking service...simples and hassle-free.
Quote:The UK is some way behind Scandinavia
That doesn’t surprise me...! and we seem to be behind in broadband technology/speed too, with a lot of the outside world...
Like I said, I’m too old to keep up...or trust some of this “new tech”
In a cashless economy how do you teach young people the meaning of money? How do you teach them to budget, teach them that once they have spent that pound it's gone?
And if cash becomes a purely abstract concept, no more than figures on a screen, what happens when debt also becomes a purely abstract concept?
And if cash becomes a purely abstract concept, no more than figures on a screen, what happens when debt also becomes a purely abstract concept?
How are people with no mobile phones or no mobile phone 'apps' supposed to do transactions in future? I have a mobile phone, I might use it once a week, I do not know and do not want to know what an 'app' is.
A lot of the time my phone is outside, locked in my car.
I was once asked to sign a document by internet, haven't a clue how to do that. Cannot believe that is safe.
I have (had) a plastic coin for a supermarket trolley, but it fell down under the seat of my car!
A lot of the time my phone is outside, locked in my car.
I was once asked to sign a document by internet, haven't a clue how to do that. Cannot believe that is safe.
I have (had) a plastic coin for a supermarket trolley, but it fell down under the seat of my car!
Never had a mobile and don't want thanks very much, long story.
Doctors, Dentists, etc., look aghast when I tell them I haven't got one, they think I just don't want to give them my number. "How do you survive?" they ask, "pretty well" I tell 'em. Never been on b****y facebook either!
As to banks, they are trying to do away with cash as this is an obstacle to them charging negative interest rates. We will be charged for keeping monies on account in the future, they want it spent, out in circulation. The worrying thing is when Governments get in on the act. Anyone seen Enemy of the State?
How someone can be made a non person with no access to funds, etc., if they fall foul of them?
Getting rid of cash will all be for our own good of course, it'll stop benefit fraud, the black economy, climate change, you name it.
We'll miss it when its gone
Doctors, Dentists, etc., look aghast when I tell them I haven't got one, they think I just don't want to give them my number. "How do you survive?" they ask, "pretty well" I tell 'em. Never been on b****y facebook either!
As to banks, they are trying to do away with cash as this is an obstacle to them charging negative interest rates. We will be charged for keeping monies on account in the future, they want it spent, out in circulation. The worrying thing is when Governments get in on the act. Anyone seen Enemy of the State?
How someone can be made a non person with no access to funds, etc., if they fall foul of them?
Getting rid of cash will all be for our own good of course, it'll stop benefit fraud, the black economy, climate change, you name it.
We'll miss it when its gone
I suppose it is an age thing, but handing over real cash - notes and coins - seems to impress the cost of things better than just swiping a card. Still, my pet peeve is being handed an electronic tablet and being asked to sign with my finger. I gave up writing with my finger when I was taught to write in primary school. At least they might offer a stylus.
Quote:I suppose it is an age thing
To a degree, yes. Many of the younger generation would have absolutely no idea what to do with a cheque book!
However many older residents in my neck of the woods are perfectly adept with modern technology - and I am talking about people in their 80s and even 90s.
I have no desire to go "Cashless", for me the big benefit of cash is that it is anonymous.
When all transactions are done electronically the next move will be for the tax system to be allowed to interrogate all spending patterns followed by the introduction of taxation at source, think of the economies that will bring, everything done by computer, with all the associated benefits (and no need for the individual to fill in tax returns)
It also brings the potential for individuals or groups to have access to their money removed by those in power
and so on and so forth
The question is not am I paranoid but am I paranoid enough
(noting CB's comment above, its not lack of familiarity with the electronic systems but the opposite, I've been working with computers since 1959, an early variant of the mk2 Leo, so am all too aware of the potential for their misuse)
When all transactions are done electronically the next move will be for the tax system to be allowed to interrogate all spending patterns followed by the introduction of taxation at source, think of the economies that will bring, everything done by computer, with all the associated benefits (and no need for the individual to fill in tax returns)
It also brings the potential for individuals or groups to have access to their money removed by those in power
and so on and so forth
The question is not am I paranoid but am I paranoid enough
(noting CB's comment above, its not lack of familiarity with the electronic systems but the opposite, I've been working with computers since 1959, an early variant of the mk2 Leo, so am all too aware of the potential for their misuse)
Quote:Many of the younger generation would have absolutely no idea what to do with a cheque book!
I do, and I'm only 17. In farming communities cheque is used an awful lot and is something that I don't want to see disappear. It saves carrying cash in the jeep, and a lot of farmers either don't have a smartphone or have a smartphone but no signal... 🙃
