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Friday, 24 January 2020

NBU currency exchange rates


01 April 2013

Cheque usage is still popular in Ireland

Cheque usage may be on the decline elsewhere in Europe but in Ireland they are still a popular payment instrument, according to the country's central bank. At the cheque's peak in 2005, 131.5 million were used, or around 32 per person, during the year. However by 2012 the figure had fallen to 75.1 million or 19 per person. This compares to an EU average of nine per person per year, with 20 out of 27 member states using just two or less cheques per annum. France is the only country with a significant lead on Ireland – a massive 46 cheques for each person each year.


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