What should I do if I am given a cheque from another financial institution after 16 February 2024?

What should I do if I am given a cheque from another financial institution after 16 February 2024?

After 16 February 2024, you will no longer be able to deposit cheques from any financial institution into a Bank of Sydney account.

If you receive a cheque from another financial institution, you may be able to deposit the cheque through an account maintained elsewhere. Alternatively, you may wish to contact the individual or organisation who provided the cheque and arrange for a different payment method to be used.

Please note that a number of other financial institutions are also withdrawing their Cheque Services. We recommend you check with your alternative financial institution for more information.