A bank which stopped taking cash in 2010 will now no longer accept cheques.
NIB wrote to thousands of its customers this week saying that, from April, it will not allow them to lodge cheques at their 28 branches nationwide.
The Danish-owned bank stopped taking cash in its branches two years ago, but it has now gone a step further.
Bizarrely, the bank offers customers cheque books, but won't even accept its own cheques for lodgement.
At the start of 2010, it become the first cashless bank in the country.
And sure don't we all love being sold stuff by our bank and getting their great adviceNIB insisted the ban on cheque lodgements would benefit customers as branch staff would have time "to focus on sales and advisory services".
+1Cheques and Giros have not been used in Europe for years, it's about time Ireland caught up!
I have not owned a cheque book in 15 years, people just use the Maestro card or cash for the newsagents or the supermarket, a bank transfer for paying large amounts, with a credit card falling in between the two.
Personally I only use my cheques for paying tradesmen. Though the do come in handy now and again. I will be sad to see them go.
I reckon NIB will pull out in the next few years, they will probably move to an online presence here and just service their existing loan customers.
Eh, not true. Something like 20% of all the worlds cheques are issued in France. It's impossible here to get by without a cheque book.Cheques and Giros have not been used in Europe for years, it's about time Ireland caught up!
I reckon NIB will pull out in the next few years, they will probably move to an online presence here and just service their existing loan customers.
Do An Post accept cheques on NIB's behalf?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?