Where I live all transactions are electronic between banks. I haven't used a paper cheque in 15 years.
Ask HN: Why US companies want to use cheques?
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Re: Ask HN: Why US companies want to use cheques?
#2Edit: But yes, the situation is redicoulous.
Re: Ask HN: Why US companies want to use cheques?
#3Electronic bank transfers are not common. Most people would probably have to look up instructions for how to do it, and most people's banks would charge a fee for the service.
Re: Ask HN: Why US companies want to use cheques?
#4Well, it's because it's because checks are super common in the US! They can't understand the trouble you have with them because paying via check is normal business practice in the US; nobody in the US has trouble cashing them. Electronic bank transfers are not common. Most people would probably have to look up instructions for how to do it, and most people's banks would charge a fee for the service.
If that's the case, then I can let it go. However, it's puzzling that the mecca of capitalism is living on antiquated methods like that.
Re: Ask HN: Why US companies want to use cheques?
#5International wire transfers usually cost the sender 25 bucks. Checks don't. Edit: But yes, the situation is redicoulous.
Re: Ask HN: Why US companies want to use cheques?
#6International wire transfers usually cost the sender 25 bucks. Checks don't. Edit: But yes, the situation is redicoulous.
They usually say something about the cost yeah. What is weird is that they also seem to be using cheques for local transactions (or so they tell me, I find it hard to believe).
But for business transactions, checks are still the default.
Re: Ask HN: Why US companies want to use cheques?
#7International wire transfers usually cost the sender 25 bucks. Checks don't. Edit: But yes, the situation is redicoulous.