Re:German banks are hoarding so many euros they need more va...
by kjaftaedi on Monday February 03, 2020 @05:48PM
(#22230218)
The point the person you are replying to is making is that to Europeans, checks are a thing that only exist in Hollywood movies.
It's difficult to imagine in a modern world, people or institutions writing or printing something on a piece of paper, and saying, "here, this is money".
Re:German banks are hoarding so many euros they need more va...
by Scoundreller on Monday February 03, 2020 @09:45PM
(#22231868)
Still a thing in France, at least as of last year.
Got stuck behind someone at the Carrefour (grocery store) paying with one. Ugh.
Re:German banks are hoarding so many euros they need more va...
by pujjad on Tuesday February 04, 2020 @03:13AM
(#22233432)
Still common in the UK. I know friends in Wales who can only pay by cheque because a two-signature policy applies to their bank account.
Re:German banks are hoarding so many euros they need more va...
by raverbashing on Monday February 03, 2020 @04:34PM
(#22229419)
Exactly why it is not needed, the banking system supports transfers between banks in SEPA for free or very cheaply.
Some people/business will still ask for a cashier's check though.
A cashier's check is like a domestic SWIFT.