Double-check the date, the payees name, and the amount of money before signing the cheque. Cheques are a crucial part of the British payments landscape - nearly 840 billion of cheques were processed in 2012 accounting for 10% of all payments made by individuals. This is usually the cheapest option, as most people will not charge a fee for cashing a cheque. News stories, speeches, letters and notices, Reports, analysis and official statistics, Data, Freedom of Information releases and corporate reports. Representative example: Borrow 400 for 4 months at a rate of 255.5% p.a. No idea, then. Our goal will be to ensure that as many customers as possible can benefit as quickly as possible whilst ensuring we maintain the integrity and security of the cheque clearing for everyone. Some people may find it challenging to locate a reputable cheque cashing provider. Representative APR 1,245.8% and total payable 367.40 in payments of 81.33, 73.23, 65.13, 57.33, 49.24, and 42.14. If you live in the U.K. now it would be worth opening a U.K. bank account. {"smallUrl":"https:\/\/www.wikihow.com\/images\/thumb\/5\/5e\/Cash-a-Cheque-Step-1-Version-4.jpg\/v4-460px-Cash-a-Cheque-Step-1-Version-4.jpg","bigUrl":"\/images\/thumb\/5\/5e\/Cash-a-Cheque-Step-1-Version-4.jpg\/aid1331571-v4-728px-Cash-a-Cheque-Step-1-Version-4.jpg","smallWidth":460,"smallHeight":345,"bigWidth":728,"bigHeight":546,"licensing":"