Cheques are disappearing
Mar 15, 2021
We have been working on a variety of changes to allow cheques to quietly disappear from Accredo as New Zealand banks move to stop accepting them. The current state of play (to the best of our knowledge) in timeline order is:
- Kiwibank has already stopped 28 February 2020: https://www.kiwibank.co.nz/personal-banking/accounts/manage-your-money/making-payments/cheques/
- ANZ removing cheques as method to receive or make payments after 31 May 2021:
https://www.anz.co.nz/comms/cheque-removal/ - Westpac going cheque-free after 25 June 2021: https://www.westpac.co.nz/accounts-cards/cheques/
- BNZ phasing out by 1 July 2021:
https://www.bnz.co.nz/personal-banking/everyday-banking/cheques - ASB stops cheques 27 August 2021 https://www.asb.co.nz/page/cheque-free.html
In build 5.0.11.117 of Accredo Saturn and Mercury we’ve made changes so you can turn off cheques when it suits you. For new companies, cheques will be turned off by default. Click here to download a step-by-step guide on how to inactivate cheques in Accredo.