Published on Thursday26thSeptember2013
Government to cease use of cheques in dealings with businesses from next September - Hayes
Minister Hayes addressing the press conference today
Minister of State at the Department of Finance Brian Hayes today launched e-Day (19-September-2014) – the date from which Government Departments, Local Authorities and State Agencies will no longer use cheques in their dealings with businesses.
Welcoming today’s launch Minister Hayes pointed to the fact that,
Ireland remains one of a few EU Member States still using cheques as a regular payment method. The National Payments Plan targets savings of up to €1 billion per annum by changing to electronic payments. I encourage the wider business community to embrace this concept which will ultimately be to the benefit of all businesses.
To ensure a smooth transition to the new arrangements, and to give both the various public sector bodies and the affected businesses plenty of time to make arrangements for paying electronically, a full year’s notice of its implementation is being given.
Read the full press release here.