Cheques and Bankers' Drafts Facts and Figures

• There were just over 3.1 million cheques issued each day in 2010, compared to 11 million in the peak year for cheque volumes, 1990. By 2018 there will be only 1.6 million per day.
• In 2010 each adult made 1 cheque payments per month, compared with 2.9 per month in 1998.
• Those under 25 receive on average only two cheques a year whilst those over 65 receive four – the rest of us receive five cheques a year.
• Less than one in 30 regular payments are paid by cheque, compared with one in 12 as recently as in 2000. This is expected to drop to one in 110 by 2018.
• By 2018 personal cheques will account for only 1.3% of all non-cash payments made by individuals.
• The average value of a personal cheque payment was £403 in 2009.
• The average value of a cheque (personal and business combined) was £1040 in 2010. 
• Only 2% of retail spending by value is still paid by cheque, compared with over 60% by debit or credit card.