LONDON, 7-7-2015 — /EuropaWire/ — Barclays has today announced the extension of its pioneering mobile cheque imaging service to nearly a million more customers, including 500,000 customers with android phones. In another UK first, the service is also now being made available to iPad users.
Since the launch of cheque imaging a year ago, nearly three quarters of a million pounds have been deposited by the 30,000 Barclays customers signed up to the mobile cheque imaging tool on their iPhones. The latest roll-out will see this number rise yet higher as more customers are able to benefit from the speed and ease of this time-saving technology.
Mobile cheque imaging is available through the Barclays Mobile Banking app and allows customers to pay in a Barclays cheque of up to £500 within minutes of receiving it. Customers simply need to take a photo of the cheque then complete a few quick steps before the funds are immediately available in their current account.
Barclays Personal and Corporate Banking Chief Executive, Ashok Vaswani, said: “Our customers have welcomed this convenient new way of depositing one of the oldest forms of payment, which is why extending to android phones is an important step forward in giving all customers the ability to pay in cheques using their mobile devices.”
A demo of the technology involved can be viewed here: www.barclays.co.uk/MobileBankingservices/FutureOfCheques/P1242668989519
Notes to editors
Background information on Barclays’ cheque-imaging pilot:
- Barclays was the first UK bank to pilot cheque imaging.
- For retail customers this means that they will be able to pay in cheques simply by taking a photo of them on their smart Phones. The money will be available for withdrawal instantly, and the cheque cleared in a maximum of 2 working days (1 day if it is deposited by 4pm) , rather than the current 6, and they can be paid in from any location in the UK 24 hours a day.
- Corporate customers are able to scan and upload cheques using software on their office computers or by logging into a website. They will have immediate visibility of, and access to the funds. However, they will need to wait the standard 6 days to be sure that the cheque will not bounce.
Barclays is an international financial services provider engaged in personal, corporate and investment banking, credit cards and wealth management with an extensive presence in Europe, the Americas, Africa and Asia. Barclays’ purpose is to help people achieve their ambitions – in the right way.
With 325 years of history and expertise in banking, Barclays operates in over 50 countries and employs over 130,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.
For further information about Barclays, please visit our website www.barclays.com.