Cheques being abolished

I'm not happy about this either, the guy I buy dog food off won't appreciate me trying to swipe my card in his...ahem.
Nor my hairdresser!
Good point about show entries as well.

And the thing about cheques that I like is that you can date them - if you have a good relationship with a business or person, you can explain that you haven't got *quite* enough to cover yourself today, but here, have the cheque now and I will date it for two weeks ahead.

Can't do that with plastic!
 
I still use cheques a lot.
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Fabulous news, I cant stand cheques
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Personally I pay my farrier with cash (although I know of some farriers who take cards), pay my yard bill by electronic bank transfer, and enter online or over the phone for show entries using my card
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I leave a cheque out for my farrier as I am not usually there, I am not going to do that with cash and most of the show centres round here do not accept on line entries, those that do you have to pay more for the priviledge so I refuse on principle! I think it will hit small businesses very hard.
 
Some show venues near me have on-line payment. Last winter I had paid on-line for a show, the show was cancelled due to the snow & it took me 4 weeks, 2 emails & 2 phone calls to get a refund on to my card. If I had posted them a cheque, they would have torn it up without being prompted..

Farriers & EDTs will have to get card machines & set themselves up with on-line payment.
 
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How are we supposed to pay farriers, dentists, yard bills and show entries when cheques are abolished?

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Good question.

Farrier - yes, I give him a cheque or leave one for him when I'm not there.
Instructor - if I don't have enough cash.
Show entries - 'specially the small ones I go to.
Hay deliveries.

Sometimes it's a cheque on the spot or in the post if I'm not there at the time. I can also leave blank cheques with people I trust when it's not clear what the real cost is going to be. I haven't got time to rush to the bank every time I run out of hay.
 
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How are we supposed to pay farriers, dentists, yard bills and show entries when cheques are abolished?

http://www.telegraph.co.uk/finance/personalfinance/6826966/Death-of-the-cheque-book-announced.html

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I should think, given the eight year lead in time, we'll manage to come up with alternatives!

I already pay my farrier by bank transfer on the odd occasion I have forgotten to leave a cheque, can't imagine the yard will care if I pay using internet banking instead of a cheque, my clients have 30 day terms to pay me so 99% of them do it using BACS transfer - I cope and I am sure my dentist will too if he has to be paid by me doing a bank transfer after he has been.

Show entries - only time I ever write cheques for those is BD because you have to send in the paper entry - will not kill those show centres to be dragged into the 21st century and have online entries - especially since BD use Equine Affairs to do their schedules online now, and EA have an online entry facility.

I don't think in 8 years time it will make a huge amount of difference if I am honest.
 
Have to say I don't see a problem getting rid, they're a big waste of paper!

Don't se why shows can't have you pay by switch/CC - some do already and it makes life easier. OR alternatively BSJA/BD/BE etc you could maybe have to set up an account to pay so, when you go to a show you just gvie your numbers as per usuals and the payment then is automatically taken form your detaills held with whichever body it is.

Obviously things like the medical etc you'd have to had £1 or so for (although theoretically this too could be taken from your account and then paid to the place who ran the event. I am sure it wouldn't be that hard.

My hairdresser (and he's only a small one hairdressers) takes switch already so it can't be that hard for others to do the same.

Farriers/physios etc could be more tricky but again I am sure there is a simple way to change.
 
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**can't imagine the dog showing fraternity in Ireland will embrace this sort of modernity, even with eight years in which to do so
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Lmao.
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I had my gran on the phone earlier and she was moaning about this, couldn't resist a quick "I heard its to make way for the Euro..." and that set her off again.
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**can't imagine the dog showing fraternity in Ireland will embrace this sort of modernity, even with eight years in which to do so
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Are the Irish behind us here in England then CaveCanem? My mum is 70 and enters online for the big CH shows over here
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I don't see the problem, can't everything be paid in cash or by internet banking?

My farrier would never accept a cheque
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it's either cash or bank transfer. Vets here in Germany only accept bank transfers. Show entries can be done and paid for online, all livery yards accept cash or bank transfers, etc.etc.

I really do not see the need for cheques!
 
I get paid by cheque. My main work could be paid by bank transfer but for some of my teaching it can be hard to get the cheques made out for the correct amount so bank transfers would be a nightmare. You would be amazed how many people think that they deserve a deal or pay the wrong amount. It is best to deal with it there and then while you are face to face. If you go home, it always takes longer to get it. Cheques are far easier to keep tabs on.
 
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I get paid by cheque. My main work could be paid by bank transfer but for some of my teaching it can be hard to get the cheques made out for the correct amount so bank transfers would be a nightmare. You would be amazed how many people think that they deserve a deal or pay the wrong amount. It is best to deal with it there and then while you are face to face. If you go home, it always takes longer to get it. Cheques are far easier to keep tabs on.

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Surely you write out a receipt or invoice? If not how on earth do you do your accounts?
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Of course but my point is that a cheque is there in your hand and you don't need to chase it up whereas bank transfer is more time consuming especially when you don't know when it's coming through. Horse people are notoriously vague with paperwork and time flies past so if you don't get paid on the day there can be a long delay.
 
That's a good point, a lot of news agencies send cheques for one-offs and tip-offs, that will have to change too!

Splotchy, the show people might budge but I can't see the working people and triallers getting their heads around it
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How are we supposed to pay farriers, dentists, yard bills and show entries when cheques are abolished?

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Id like to know that too!!!
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About 75% of the time I get paid by cheque!

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I'm sure your friendly, helpful bank will provide you with a portable, wireless credit/debit card machine that you can use. I'm not so sure that they won't charge you a fortune for it though!
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Businesses have to pay for having a credit card machine so that cost will be passed to the consumer - as always!

With reference to cash, hasn't there been some scheme with a card thingy to do away with cash too?

Cheques are great as you know exactly where you are (provided you fill in the stub - but at least you know you have made a cheque out). Very easy to forget usage on a credit card. And what do you do if your credit card is declined (apart from wish the ground would open up)!!!!

And as said, at least with a cheque you can pay someone even if you ask them to hang on to it for a few days.

Many people consider the internet is not a safe enough place to do their banking on it especially as hackers are getting more clever.

The FSB needs to stand up for small businesses against this idea.
 
I have never had a chequebook in my life and I am middle aged. It's always been cash (making sure there is plenty spare before farrier etc comes) or debit card, only once or twice I have ever used a banker's cheque. A friend of mine regularly gets herself into debt by being tempted to use a cheque when it isn't a necessity.
 
I was under the impression that cheques would not form part of a normal current account but would be available to people on request (at no additional cost)

It makes sense to me, yes some of us use cheques for entry fees, farrier etc but clearly the majority of bank customers are not using the cheque books sent to them. Why waste the paper and the admin time sending cheque books that are never used.
 
I couldn't stand to pay a large sum of money to a farrier by cash. Equally, I am not carrying £500 in cash around with me to give to the saddler when he comes out!

When I bought my horse, it was by cheque - I was not about to take that amount of money out at the bank, and catch the bus upto the yard with it in my bag.

But, I heard they were not being completely abolished anyway, so I am pleased.
 
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I have never had a chequebook in my life and I am middle aged. It's always been cash (making sure there is plenty spare before farrier etc comes) or debit card, only once or twice I have ever used a banker's cheque. A friend of mine regularly gets herself into debt by being tempted to use a cheque when it isn't a necessity.

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My mother is the same,if she doesnt have the cash she will write a cheque rather then wait a bit
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Having for myself into debt following her example(although not badly,it will still take a year more to pay off) I had a BIG rethink and now refuse to have any form of credit.
i use a pay as you go credit card for online shopping and have a basic bank account for other stuff- it is not that difficult to manage without cheques/credit cards,just takes a bit of thought.

I can see why they are usefull,but the world will continue to turn without them
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We use cheques all the time. We have a small business and pay for everything by cheque for the books because it is a definite record of where the money has gone.
We are paid by cheque, I pay for all the horsey stuff by cheque, the petrol, the diesel, the repairs everything.
This is just more bloody meddling by government and other agencies anyway the cheque is a legally binding documanr and should only be repealed by an Act of Parliament according to a letter in the Telegraph.
 
Well said Tetrach.

Some of our clients refuse to pay by any other means other than by cheque. And as others have said, carrying cash is a risky business, especially in this day and age.

We too saw that letter in the Telegraph
 
The best reason for paying by cheque is that you have proof that payment was made. The easiest way for a small business to prove income...tax man does not like cash.

Those hand held card payment systems rely on there being a telephone signal available...So many mobiles won't work at my yard and SO many yards are out in the sticks, just like us.

I refuse to use the online entries system (when available) for BD I know too many people who thought they had entered until they got to the event, who had no record of them. VERY frustrating.

Glad cheques will still be available.
 
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