Cheque Guarantee Scheme Closes 30th June 2011



The members of the UK domestic cheque guarantee scheme have announced that the scheme will close on 30th June 2011, meaning that it will no longer be possible to guarantee cheques after this date. The decision to close the scheme was taken due to a rapid decline in usage as consumers and businesses use alternatives such as credit and debit cards, direct debit and other automated payment methods instead.

As a result of these changes businesses must now look into automated payment methods such as Direct Debits. However, the process of using Direct Debits as a method of payment can be confusing and complicated to set up and maintain. Therefore why not let Eagle Consulting’ team of Bacs experts help to simplify and demystify the process for you.

Eagle Consulting has been a Bacs Approved Bureau since 1998. We have hundreds of clients across different industries and process millions of transactions every year.

Why not give us a call on 0800 731 5368 or email info@eagleconsulting.co.uk and receive professional and friendly advice from our Bacs experts.