This guide provides an overview of the UK’s payment schemes, what each one offers, and how they can be accessed. It has been developed collaboratively by the UK’s interbank Payments System Operators – Bacs Payment Schemes Limited (Bacs), CHAPS, Cheque and Credit Clearing Company, Faster Payments and LINK. It is intended for use by payments service providers (PSPs) that are considering joining, or thinking of extending more payments services to their customers.
The C&CCC is currently working with the banking industry to agree the changes to the infrastructure and technological capabilities that are required before the ICS can be introduced. Timescales for its implementation will be announced in due course.
The C&CCC is looking at introducing a new, easier and quicker way of clearing cheques. Called the Image Clearing System, it will allow money from cheques paid in to be available for withdrawal much sooner than currently. This fact sheet explains what customers might expect.
Quarterly Cheque-up brings together all the facts and figures relating to C&CCC activity into one document.
Find out about the Cheque and Credit Clearing Company
This book was produced in 2009 to mark the 350th anniversary of the cheque. It looks at key dates during the 350-year lifetime of the cheque; the evolution of the clearing process for cheques; and, for the first time, the history of the Cheque and Credit Clearing Company is charted from its creation in 1985 to the year of publication.
This report, published to mark the 350th anniversary of the cheque in 2009, looks at the history of the cheque and examines its role in British culture and heritage. The Report shows how the cheque’s influence has changed over the years.