Why is Beyond Bank stopping cheques in 2024 when the government isn’t doing so until 2030?
There are only a handful of banks that have direct access to the chequing network. Most banks rely on agreements with these banks to participate in chequing services. Given the reduction in cheque usage and upcoming national exit of cheques, many of these agreements, including Beyond Bank's, are not being renewed.
https://www.beyondbank.com.au/need-help/government-stopping-cheques-2030
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