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Cheque out.(Need TO Know: ESSENTIAL UP-TO-DATE INFORMATION FOR FRANCHISES AND SMEs)

Business Franchise

| May 01, 2009 | Pennington, Barrie | COPYRIGHT 2002 Circle Publishing Ltd. (Hide copyright information)Copyright

* LAST FEBRUARY marked the 350th anniversary of the first cheque being signed, but the humble cheque is now threatened by the Payments Council, which is seeking to set a date for the end of cheque payments (probably 2018). The Forum of Private Business suggests that as 55 per cent of SMEs still pay other companies and utility bills this way, the phasing out of cheques …

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