Treasury Select Committee’s report due today on the use of cheques.


Published on 24 August 2011 09:00 AM

Age Cymru welcomes the report, it’s a chance for banks and building societies to live up to their word and prove that the future of cheques is safe.

Rhea Stevens, Age Cymru’s Campaign Coordinator says:

“The Treasury Select Committee’s call for banks to consider bringing back the cheque guarantee card is good news. It’s a chance for banks and building societies to live up to their word and prove that the future of cheques is safe. But, whatever happens, the banking industry must be clear about what it’s going to do to ensure that cheques remain a widely accepted, safe and accessible option for those who rely on them.

“Cheques and other payment systems are essential services upon which the public relies – just like the provision of water and electricity. Their future must not be left solely to the banking industry and its representative bodies to determine.”

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