I think it’s rather unfair to criticise @Tide for not accepting cheques…
Firstly they market themselves as a banking facility that is “Digital” and future lead. Why would they even think about incorporating a technology that will eventually be phased out. There focus should be on new tech, new ideas and being different which I think they are doing very well.
Secondly, for those who signed up for tide and then found out they didn’t support cheques. There is a conflict in the thought process here. Signing up for tide surely means you’ve been through their marketing channels which explains they are a “New Wave” of banking facility. You wanted the tech, you signed up on a mobile phone (no forms to sign and no pieces of paper), therefore it would make sense to me that a cheque is not going to be included.
I fully appreciate many many people still use cheques and it’s a part of your business and I’m not in any way having a go for the comments on this.
However not every solution these days will work for everyone, tide want to be the bank of the future and I’m afraid cheques won’t be. They can’t spend time looking back. It’s a waste.
I very much doubt cheques will ever be implemented and this is the right way to go in my opinion. Yes tide might lose out [on your busienss] but in doing this they will be much better suited for the future.