Written question asked by Lord McFall of Alcluith (Labour), in the House of Lords. It was answered by Lord Sassoon (Conservative) on Tuesday, 21 June 2011.
Banking: Cheques
- Question
- To ask Her Majesty’s Government what views they have received from the Bank of England on the Payments Council proposal to phase out cheques.
- Answer
-
The Payments Council has committed that cheques will not be phased out until acceptable alternatives are in place and the Bank firmly believes that this condition needs to be met before any decision is taken. Decisions about the future of cheque clearing are, however, the responsibility of the Payments Council rather than the Bank of England. The Bank attends the Payments Council Board as an observer.
Secondary information
- Type
- Written question
- Reference
- 9750; 728 c269WA
- Session
- 2010-12
- Subjects
- Cheques Bank of England Payments Council
- Link
- View this Written question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2013-11-20 02:47:04 +0000
- URI
- http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1624360
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- In Solr
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