Spanish banking giant, Santander, has announced it will begin to withdraw cheque guarantee cards for its customers.The move comes after the UK Payments Council announced months ago that it would axe the cheque guarantee service, which has been established for forty years, from June 2011. Santander, which owns Abbey and Alliance & Leicester, said its [...]

More: Cheque guarantee cards to be phased out

What will happen though when the banks start to phase out cheques? The expectations seem to be that everyone will be able to transact their finances online but there are always going to be some people that this will not suit? So what will happen for them when cheques are withdrawn? As that seems to be the logical move next.