USE OF CHEQUES
GROWTH IN BRITAIN
LONDON, Jan. -1. The growing use of cheques for financial transactions is mentioned in
the review of the Bankers' Clearing House.
This is despite the fact that the cheque has now to bear a 2d stamp instead of a Id stamp, as in pro-war (lays. It is pointed out that the yield to the revenue of the 2d duty on cheques
j for England nml YVales has steadily ! increased in the last five financial
j ears from £2.504;000 to £8,188,000. This latest return, which constitutes a record, represents approximately 10 cheques drawn per annum per head of the population.
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Bibliographic details
Poverty Bay Herald, Volume LIII, Issue 16243, 18 January 1927, Page 10
Word Count
105USE OF CHEQUES Poverty Bay Herald, Volume LIII, Issue 16243, 18 January 1927, Page 10
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