As fast, secure and more modern payment options are available in Australia, the more Australians are choosing alternative payment options to cheques.
Because of this, and significant improvements in digital payments in recent times, we have made the decision to stop our cheque deposit services, from 21 June 2025.
Why remove cheques?
You may be aware that the Australian Government has committed to phase all cheque usage out by 2030.
Our members are increasingly choosing digital options to send and receive money. And many banks have elected to phase out these services now as they can be costly, slow and sometimes risky to manage.
What you need to know
The last day to we can accept a cheque deposit will be 20 June 2025. After that, you will need to go back to the cheque drawer and ask them for alternative payment methods.
Our team are available to chat with you over the phone, or by appointment at a branch to talk through the alternative payment options that will suit your situation best.
Drop into the branch or call us on 1800 MY GMCU (1800 694 628) for more information.
