General > General Technical Chat
Cheques being phased out in Australia by 2030
David_AVD:
In Australia it appears that some banks and organisations are making it possible to open a bank account with no fixed address. There's also some ways to deal with getting physical mail too. I'm not saying it's super easy, but it's not impossible. Going from what I've read about these services, continuing the use of cheques doesn't appear to be useful for people with no fixed address. A bank account and a debit card (very minimal application process) would seem the way to go. Any government payments can go into the account and be drawn upon using the debit card or by withdrawing cash.
tggzzz:
--- Quote from: David_AVD on October 14, 2023, 10:58:36 pm ---In Australia it appears that some banks and organisations are making it possible to open a bank account with no fixed address. There's also some ways to deal with getting physical mail too. I'm not saying it's super easy, but it's not impossible. Going from what I've read about these services, continuing the use of cheques doesn't appear to be useful for people with no fixed address. A bank account and a debit card (very minimal application process) would seem the way to go. Any government payments can go into the account and be drawn upon using the debit card or by withdrawing cash.
--- End quote ---
Cheques can be used by people with no fixed abode and no bank account: go and collect them and use a cheque cashing service.
IMHO it remains to be seen how the bank's officers can fulfil their many other legal/statutory duties while giving unidentifiable stray people bank accounts.
David_AVD:
Sure, you could find somewhere to cash the cheque, but that may not be as easy as it sounds these days.
The cheque would also only be likely to be sent in the mail. In Australia it's quite unlikely that you would be handed one.
Then you're back to the no fixed address issue. If you have an address, you can open a bank account and not need the cheque!
Remember, I'm speaking of the situation in Australia. YMMV in your country, the the thread was about cheques in Australia. :)
jfiresto:
--- Quote from: David_AVD on October 15, 2023, 02:47:10 am ---Remember, I'm speaking of the situation in Australia. YMMV in your country, the the thread was about cheques in Australia. :)
--- End quote ---
I thought it was also about cheques in Australia. From the post starting the thread:
--- Quote ---... Keen to hear about other's experiences around the world. Correct me if I'm wrong but the US are still fairly reliant on cheques as a form of payment?
--- End quote ---
vk4ffab:
--- Quote from: tggzzz on October 13, 2023, 10:38:41 am ---
Since Halcyon is convinced cheques are unnecessary, I wonder how Australia gets around such issues. Historically they haven't worried about their Abos.
--- End quote ---
They are and remain totally unnecessary in Australian society no matter what their situation, living in a remote community, homeless, limited identity documents. If one can prove identity to meet Centerlink requirements, they have enough identity to open a bank account. If one does not want to open a bank account, centerlink can issue its own debit card in the persons name. Some segments of the population are forced onto these debit cards so they can participate in our essentially cashless economy while at the same time limiting their ability to participate in the black economy of sly grog and drugs. A check is useless, i have not seen one in over 15 years about the same period of time I have not had cash in my wallet. Checks are used by scammers and cash by criminals and those wanting to be robbed.
Navigation
[0] Message Index
[#] Next page
[*] Previous page
Go to full version