Check (or cheques) have long been a standard way for moving money from one bank account to another. They’re essentially little more than a codified document that puts the necessary information in a standard format to ease processing by all parties involved in a given transaction.
The check was once a routine, if tedious, way for the average person to pay for things like bills, rent, or even groceries. As their relevance continues to wane in the face of newer technology, though, the Australian government is making a plan to phase them out for good.
