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PRO

Do you take cheques?

I am thinking about stopping taking cheques as a payment.

When I invoice customers they all get an invoice with the options of cash, cheques, BACS, debit/credit card.

Apart from payment from the older generation no one seems to use them any more, am I right in this assumption?

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Replies

  • PRO

    I rarely get cheques but I still take them, TSB don't charge me anything for depositing them. Although I do tell customers I prefer a bank transfer for any payment.

  • I do but hsbc charge £1 per cheque!
  • I still get paid by few customers with cheques, not just old people.

  • Just keep taking them, we have been banking with Abbey, which then became Santander, for 15 years and never paid a penny in charges. Just pop the cheques in a pre-paid envelope - can't see the problem.

  • PRO

    I still get them from people, not just older generation. I think some people just don't keep cash and find writing a cheque easier than logging on and paying by BACS. Do you get much uptake for credit/debit payments Robbie? I presume you have a mobile card reader?

  • PRO

    I accept them but would rather not. I push for bank transfer because i dont get charged and it makes bank statement reconciliation easier for me.

  • Change your bank to free banking Stuart.


    Stuart @ Eco Garden Maintenance said:

    I accept them but would rather not. I push for bank transfer because i dont get charged and it makes bank statement reconciliation easier for me.

  • The majority of people still pay me by cheque.

  • I find less bank charges with cheques than cash but bank transfer is much better
  • PRO

    I encourage people to pay by BACS, but most people tell me they find it a pain. Regular customers will usually pay me by BACS, but one off's and people on treatment plans tend not to.

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