JR8 wrote:In this day and age it's worth avoiding cheques when possible, especially if it's cross-border (or even across State-lines in the US).
I'm glad they're finally phasing out checks/cheques. Singapore institutions except IRAS would issue cheques for refunds...including the bank from which I already have an account. It was for a failed foreign transfer
through them
Australian companies now send you a debit card (boo), would ask you to give them an account on which they'd deposit the money or just cancel any purchase/debit order on the card you used to transact with them. (No fees charged on my end)
Even my Philippine real estate developer now has an online payment; prior to the last payment and this recent development, I had to issue over 9000 post-dated checks just to get my installment payments in line. I had used up more than half of my checkbook which I had just gotten then.
I don't have to worry those checks/tick marks/asterisks/squiggles/cartoons I had to doodle on the corner/in the middle/along the margins of the check just to indicate if it's deposit only/cash withdrawal/Caiman islands wire transfer/withdrawal in only 2-dollar coins anymore.