Share of businesses using checks in the United Kingdom (UK) 2015-2018, by reason

Reasons for paying by check according to businesses in the United Kingdom (UK) from 2015 to 2018

by James Cherowbrier, last edited Nov 29, 2018
Share of businesses using checks in the United Kingdom (UK) 2015-2018, by reason This statistic illustrates the reasons listed by businesses for using checks as a method of payments in the United Kingdom (UK) from 2015 to 2018. In 2015, the majority of businesses (30 percent) indicated that checks were always used in the past and therefore they choose to stick to this method. As of 2018, 28 percent of businesses pointed to requests made by payees as the main reason for check payments.
Show more

Reasons for paying by check according to businesses in the United Kingdom (UK) from 2015 to 2018

Loading statistic...
Reasons for using chequesPayee requestAlways used in the pastNo payee account detailsControl who can payManage cash flowMoney leaves account slowlyMust send by postCheaper than other methods Payee may not cash cheque
201828%22%13%12%11%11%9%3%5%
201735%34%19%11%28%4%8%4%2%
201632%27%13%16%22%8%8%9%2%
201525%30%9%18%29%21%7%11%2%
Reasons for using chequesPayee requestAlways used in the pastNo payee account detailsControl who can payManage cash flowMoney leaves account slowlyMust send by postCheaper than other methods Payee may not cash cheque
201828%22%13%12%11%11%9%3%5%
201735%34%19%11%28%4%8%4%2%
201632%27%13%16%22%8%8%9%2%
201525%30%9%18%29%21%7%11%2%
Download Settings Share
Download started
Please be patient - this may take a moment
by James Cherowbrier, last edited Nov 29, 2018
This statistic illustrates the reasons listed by businesses for using checks as a method of payments in the United Kingdom (UK) from 2015 to 2018. In 2015, the majority of businesses (30 percent) indicated that checks were always used in the past and therefore they choose to stick to this method. As of 2018, 28 percent of businesses pointed to requests made by payees as the main reason for check payments.
Show more
Statista Accounts: Access All Statistics. Starting from $588 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$49 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.
Leading companies trust Statista:
paypalgoogleadobepgsamsungtelekom
Related Studies: Available to Download in PDF or PPTX Format
Check payments in the United Kingdom
Check payments in the United Kingdom

All Information
in one Presentation

Check payments in the United Kingdom

Everything On "Check payments in the United Kingdom" in One Document: Edited and Divided into Handy Chapters. Including Detailed References.

Statista is a great source of knowledge, and pretty helpful to manage the daily work.
Christof Baron

Christof Baron
CEO, MindShare Germany

Statistics on "Check payments in the United Kingdom"
  • European context & UK check transactions
  • United Kingdom: check use by businesses
The most important statistics
  • United Kingdom: check use for private customers
  • Inter-bank check clearing data
  • Check-related financial fraud
Discover Statista
Need help with using Statista for your research? Tutorials and first steps
Further Content: Statistics, Studies, and Topic Pages
Statistics
Learn more about how Statista can support your business.
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.