![]() ![]() Some 28,423 cheques were digitally deposited on Christmas Day, Boxing Day and 27 December, with more than 50,000 cashed over the Christmas week, according to the banking giant.Īlmost 10,000 were cashed on Christmas Day alone as recipients no longer have to wait for the banks to reopen to deposit their Christmas money.Īs well as HSBC, big banks Barclays, Lloyds and Halifax, and smartphone-only bank Starling, let you deposit cheques by scanning them using your phone's camera How does the cheque scanner work? The number of cheques digitally deposited by HSBC customers using the bank's app scanner over the festive period boomed by 250 per cent compared to normal levels, suggesting it remains a staple Christmas present despite its declining use elsewhere. ![]() This surge is likely to be from grandparents and relatives sending a paper cheque through the post, instead of the dangers posed by sending cash. Now, exclusive data from HSBC for This is Money shows that over the festive period, the number cashed digitally soared. More than 50,000 cheques were scanned over the Christmas week using HSBC's appįor the best part of a decade, the future of the cheque has been in doubt.Īt one point, a decision was made to scrap them altogether, although this was subsequently reversed. The stronger pound will curb inflation, says HAMISH MCRAE: Sterling's climb against the dollar could continue.Britain is bottom of Europe's table for installing heat pumps - and we'd need to improve tenfold to match France.As food inflation soared these household favourites almost tripled in price.ALEX BRUMMER: Energy prices are coming down with a bump but will inflation follow suit?.City watchdog plots crack down on 'finfluencers' in shake-up of social media financial promotions rules.Best places to take a driving test REVEALED: Shortest waits and highest pass rates revealed with a new tool.Ten stocks that could profit from the AI revolution - and what investors need to consider.I invested £100k in wines but never received them, can you help? TONY HETHERINGTON investigates.DJ Annie Nightingale is 83 and owns her own flat but has no pension: 'I hate the 'R' word.Jay Kay is selling his rare 1958 Bentley convertible that starred in the Love Foolosophy video - here's how much it could fetch.London-listed fund manager Gresham House snapped up by private equity firm Searchlight Capital for £470m.South East Water slumps to a £74m loss due to extreme weather.DFS Furniture warns profit will come in towards bottom end of forecasts as cost of living crisis hits wider market.Ladbrokes owner Entain buys sports data analytics company Angstrom Sports in deal worth up to £203m.Hargreaves Lansdown chair Deanna Oppenheimer reportedly stepping down, says Sky News.BUSINESS CLOSE: DFS Furniture profits jump Entain buys data firm for £122m Private equity group swoops on London-listed Gresham.Are you one of the 1.7million people now facing tax on their savings as rates rise? Three ways to cut your bill.High food prices and price shocks may be sign of things to come: Can you invest to protect against inflation?.Has the property bubble burst at last? House prices could fall and then drift down for years to come as mortgage crunch hits.Sellers STILL want more for homes despite the mortgage crunch: Asking prices have edged up 2.3% since the start of the year.What would YOU want to spend 25% tax-free pension cash on? We look at whether you should you take it all or keep it invested.How do we cash in the £30,000 in Premium Bonds my father left my mother - and will we need probate?.The rise of the retired renter: A million pensioner households will be tenants in a decade's time.I'm missing NI from 1977 to 1984, have I lost out on state pension: Steve Webb explains how to check if £1bn underpayment scandal affects you. ![]()
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