May 31, 2013 12:36
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Comments 24
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That whole article read very snide and rich city kid to me.
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Think you should just be able to transfer money between two bank accounts, instantly, or even with a couple of days' wait, like you can in Europe? Think again. When you initiate a bank transfer, the bank prints out a fucking cheque and sticks it in the fucking mail, and then you've got to trust that the USPS will deliver it on time. Which it does sometimes; sometimes it doesn't.
People pay with cheques in supermarkets - and everywhere else - all the time. It makes zero sense, and drives me bananas.
That is all.
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I think until more people die.
Had the proposals gone ahead I think they were to have been phased out this year.
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Once we get a system whereby I can send money to your email address, then it'll be simple enough to move over from cheque books...
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