To add some more context to this, in Australia I would prefer to receive month from a direct bank transfer than a cheque. Cheques still exist but the bank will charge me for depositing a cheque. An electronic deposit is free. The banks have realised that it costs them to process a cheque more than a direct bank transfer. Now if you were charged for depositing a check but not for direct bank transfers that you can be done easily by the payer using their internet banking, which would you choose?