General > General Technical Chat

Cheques being phased out in Australia by 2030

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jonpaul:
Alex,  due to environazis,  your car will be gone/illegal/unuseable  in a few  yrs.

Your gov will require you to  wonderful public transport.

Jon

ataradov:
I'm scared. I'll go live under the rock to prevent that.

Also, I'll be very happy to use public transport if it was not entirely broken in the US.

mariush:
Here in Romania, I used to get paper cheques from Google Adsense and from a Canadian company I worked for as a freelancer, up to maybe 4-5 years ago.

Even back then, only one bank out of maybe 10 I asked was willing to accept my cheques as a private person (not company) and only if I agreed to deposit around 30$ in local currency (to cover their costs if the cheque is found to be invalid) and used to take 30 days to receive the money (I guess they waited until it was no longer possible for the other party to cancel the cheque or something like that). They would refund that deposit minus something like 10$ + 1% of cheque value in cheque processing fees

After a few months they started to give me the money in around 15 days and stopped asking for a deposit but it was still a pain in the ass.

Last year, I had another random cheque after I stopped dealing with cheques for ~2 years and discovered all the bank stopped accepting cheques.  Only one bank was willing to make some exceptions but you had to be a client of theirs for at least 6 months to even attempt, and I wasn't a client... so I just had the company send me money though paypal instead.


johnh:

--- Quote from: Halcyon on October 09, 2023, 05:02:28 am ---
--- Quote from: tggzzz on October 08, 2023, 10:21:09 pm ---
--- Quote from: Halcyon on October 08, 2023, 10:10:55 pm ---
--- Quote from: tggzzz on October 08, 2023, 10:05:47 pm ---
--- Quote from: TimFox on October 08, 2023, 09:30:45 pm ---Many of the above posters not only do not like or use checks themselves, they want to stop everyone else from using them.

--- End quote ---

Precisely.

It would be good to hear from those that use cheques, to find their use-cases.

Banks would like to save money by phasing out cheques. Use of cheques is diminishing, therefore the costs are diminishing - and that reason for preventing cheque use doesn't hold water.

Banks should serve their customers, not dictate how the customers have to behave.

--- End quote ---

I don't think it's just on the Government/banks. Consumer and business habits dictate this.

There is a reason most businesses these days don't use Telegrams, Telex, or even fax for that matter. How long do you go out of your way to support obsolete methods?

--- End quote ---

Since the mechanisms already exist, it isn't "out of your way".

You mention telex. One interesting aspect of telexes is that contracts could be legally enforced if telex comms were used, since the endpoints were rented from trusted third parties. Not so for emails, of course.

You continue to have the mechanisms until all of the use cases can be satisfied by other means. I have indicated a couple of problematic cases.

Backward compatibility is very important. IBM and Microsoft never break backwards compatibility, for sound reasons. There are even some unchanged Win3.1 dialog boxes in Win11!

--- End quote ---

You can only keep backward compatibility going for so long. Eventually it just becomes uneconomical to maintain. You can only flog a dead horse for so long.

Australia has already said goodbye to PSTN lines, Frame Relay, public pager networks, Telex, ISDN and probably others I'm not aware of.

Handing over little bits of handwritten paper to transfer money between bank accounts is as archaic as the bank transaction books that used to be printed using a dot matrix printer over the counter.

I can't think of a single use-case, other than consumer stubbornness, that can't be satisfied with current technologies, in a faster, cheaper and arguably more secure manner.

As for backwards compatibility within operating systems; it wasn't that long ago we were running 16-bit applications and drivers. Look at where that support is today.

--- End quote ---

My mother who is her nineties was telling me about a friend of hers.  Her friend had to get some one to drive her to the bank in Box Hill, about 6.5k away from where she lived.
Didn't have a debit card. All she had was a transaction book.

tszaboo:
I hope you guys can still pay in salt or silver coins. I mean, do the bad government want to get rid of directly exchanging donkeys for goods? Can you still use seashells though, right?

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