French News Archive

Money & Finance

French Cheques do Nicely Thank You

Wednesday 01 July 2009

There is no such thing as a bank guarantee card in France, as a cheque must be honoured.

Cheques are still widely used in France, and using one is equivalent to paying in cash.

You cannot cancel a cheque because you have changed your mind, and if you do not pay a cheque for insufficient funds, then ultimately you can be barred from having a French bank account for up to five years.

Neither can you 'post-date' a cheque, as technically speaking, it can be cashed the next day!

You can read more in our guide to French Bank Cheques.

Thank you for showing an interest in our News section.

Our News section is no longer being published although our catalogue of articles remains in place.

If you found our News useful, please have a look at France Insider, our subscription based News service with in-depth analysis, or our authoritative Guides to France.

If you require advice and assistance with the purchase of French property and moving to France, then take a look at the France Insider Property Clinic.