However, when you do receive a check, be it written from a traditional cheque book or a page from Aunt Janes recipe notebook, one thing we all have to do to cash it or deposit it is make a trip to the bank. Now that may not be necessary. Banks are planning on letting customers scan in their cheques from wherever they are and use internet online banking to deposit them. They are still working out all the "how to prevent fraud" details before putting out the service on a mass scale.
Saturday, July 25, 2009
No more trips to the bank. Scan in your cheques.
Few people are aware of the fact that a cheque can even be written on a piece of paper, provided you write in all the information required to debit your account and use the correct wording. However, through years of conditioning, almost all of us dont risk it and turn to the bank issued cheque book when we need to write a cheque - which in itself is very rare these days, what with the massive use of credit and debit cards.