Foreign Cheque Operations

She is employed at one of the Slovenian banks in the department where the procedures for cashing cheques received from their clients for encashment take place. The market for payment instruments is very broad and diversified, there are many options for choosing an appropriate method of payment, and each client must determine which instrument is most suitable for their needs. For a certain ** segment of clients**, the cheque under certain conditions is certainly still the most appropriate choice.

Solution and Method

She is employed at one of the Slovenian banks in the department where the procedures for cashing cheques received from their clients for encashment take place. Upon arriving at this workplace four years ago, she was surprised by the fact of how ** frequently used a payment instrument** the cheque is. In the era of electronic banking, shortening of payment order execution times and real-time payment processing, she would have expected this instrument to be dying out.

However, in practice she saw that the volume of these transactions remains unchanged from year to year. Therefore, in her diploma thesis she wanted to present this instrument and its use, including the reasons why it is still so widely used.

Results

The market for payment instruments is very broad and diversified, there are many options for choosing an appropriate method of payment, and each client must determine which instrument is most suitable for their needs. For a certain segment of clients, the cheque under certain conditions is certainly still the most appropriate choice.