Treasury - Eighteenth Report
The future of cheques

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Here you can browse the report together with the Proceedings of the Committee. The published report was ordered by the House of Commons to be printed 18 July 2011.

Contents

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Terms of Reference

Summary

1  Introduction

Our inquiry

The Payments Council

2  The former cheque replacement programme

The use of cheques

Mixed messages to customers

Closure of cheque guarantee card scheme

3  The arguments used for and against the abolition of cheques

Payments Council work on costs and benefits

What people value about cheques

4  Cheques in the future

New payment systems

Dual authorisation

Abandonment of proposed paper-based alternative to cheques

Should the future of cheques be in the hands of the Payments Council?

Conclusions and recommendations

Appendix

Letter of 14 June 2011 from Mark Hoban MP, Financial Secretary to the Treasury, to Andrew Tyrie MP, Chairman of the Treasury Committee

Formal Minutes

Witnesses

List of printed written evidence

List of additional written evidence

List of Reports from the Committee during the current Parliament

Oral and written evidence
15 June 2011
Written evidence submitted by the Payments Council
Additional written evidence (unprinted)

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Prepared 11 August 2011