Cheque usage and acceptance in Australia has dramatically reduced over a number of years due to faster, more user friendly and secure payment methods being available.
As part of the ADF’s payment technology strategy, we are actively encouraging the closure of cheque facilities and promoting alternative payment methods including EFT, BPAY and Corporate cards. Whilst we have not set a timeframe for the closure of all cheque accounts, our Relationship Managers will begin talking to their customers regarding alternative payment options available to them and the closure of their cheque accounts over the coming months. We will continue to work with our customers to ensure that they have the best payment methods available to meet their needs.
If you would like to discuss your cheque account or alternative payment methods, please contact your Relationship Manager or the ADF.