why are/were checks used so frequently when all of our bank information is on the checks and can be easily stolen?

850 viewsOther

why are/were checks used so frequently when all of our bank information is on the checks and can be easily stolen?

In: Other

19 Answers

Anonymous 0 Comments

In my country, post dated checks are good as guarantees for payments. It is more secure because if it bounces, the payee will have fines and worst could be prosecuted. Everyone can easily run away from their responsibility of paying, but if banks are involved, it will be harder to not pay because of accumulating fines and bad bank record.

You are viewing 1 out of 19 answers, click here to view all answers.